Medicare DMEPOS Bond
The Centers for Medicare & Medicaid Services (CMS) imposed a rule in January 2009 that requires all suppliers of Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) to produce a Medicare DMEPOS Bond.
The DMEPOS Bond is also known as a Medicare Bond and the Medicare DMEPOS Bond amount is typically set at $50,000 unless your business is deemed a high risk. Every location you operate will require its own Medicare DMEPOS Bond. It is also necessary for you to provide your National Provider Identification (NPI) for each bond.
Medicare DMEPOS Bonds are generally available starting at $200 with acceptable credit.
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Our turnaround time for quotes with a personal credit score higher than 500 is usually 24 hours and bonds may be mailed overnight if the application is received by noon eastern time.
Credit scores below 500 require an extra day to quote and may require additional mailing time.
We will require your NPI number for your Medicare DMEPOS Bond.