News31 May 2009 06:55 pm
Who Needs A DMEPOS Medicare Surety Bond?
A Medicare durable medical equipment, prosthetics, orthotics, and supplies DMEPOS surety bond is a permit and license bond that helps to regulate Medicare suppliers. Those that need to apply and obtain a DMEPOS surety bond includes any supplier of durable medical equipment provided to Medicare patients. In order to qualify for one of these surety bonds, the supplier will be required to post a minimum $50,000 surety bond. Suppliers may also need to acquire additional surety bonds for each National Provider Identifier (NPI) number the company uses for billing.
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