The Centers for Medicare & Medicaid Services (CMS) require Durable Medical Equipment, Prosthetic and Orthotic Suppliers (DMEPOS) to have a $50,000 surety bond. The DMEPOS surety bond is required of those who bill Medicare for equipment they sell. Each location is required to have a separate bond, so DMEPOS providers will need one bond per enrolled location. The $50,000 Medicare surety bond is intended to help prevent fraud and abuse of the Medicare system. Applicants with excellent credit can purchase a DMEPOS Bond for as little as $250 per year.
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