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CMS finalizes changes to bid program

October 28, 2016HME News Staff

WASHINGTON - CMS issued a final rule Oct. 28 with a number of changes to competitive bidding, including establishing bid limits for future rounds of the program based on the fee schedule rates before they were adjusted. “This will avoid a downward trend where the new, lower bid limits apply to each subsequent round of bidding based on fee schedule rates adjusted using bidding information from the previous round,” the agency stated. “This will help enhance the long-term viability...

Change, Competitive Bidding, Final Rule, Inverted pricing, surety bonds