CMS releases proposed rule on reporting and returning overpayments from the Medicare program

On February 16, 2012, the Centers for Medicare and Medicaid Services (CMS) published a proposed rule to implement a provision of the Patient Protection and Affordable Care Act (PPACA) that defines “overpayments” and describes the agency’s expectations for when and where the overpayment should be repaid.1 PPACA Section 6402(a) requires any person who has received an overpayment from the Medicare program to report and return the overpayment within the later of 60 days after the overpayment is “identified” or the date any corresponding cost report is due, “if applicable.” Comments on the proposed rule must be submitted by April 16, 2012.

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