News Headlines Article

Fiscal deal gives Medicare more time to recover overpayments
Modern Healthcare

A little-noticed provision buried in the fiscal-cliff bill that President Barack Obama signed Wednesday will give Medicare officials the ability to take back an estimated $500 million in payments made to hospitals and physicians since 2007.

The eight-line provision in the law, Section 638, “Removing Obstacles to Collection of Overpayments,” says that Medicare contractors now have five years to collect on errors in Medicare payments.