DMEPOS (Durable Medical Equipment, Prosthetics, Orthotics, and Supplies) Bond
What is a DMEPOS (Durable Medical Equipment, Prosthetics, Orthotics, and Supplies) Bond?
A DMEPOS (Durable Medical Equipment, Prosthetics, Orthotics, and Supplies) Bond is a type of License & Permit bond that ensures that DMEPOS suppliers comply with Medicare regulations and guidelines.
Protects Medicare program and beneficiaries from fraud, abuse, or non-compliance by DMEPOS suppliers.
Required by the Centers for Medicare & Medicaid Services (CMS) for DMEPOS suppliers to participate in the Medicare program.
Applicant’s personal or business information, credit history, bond amount ($50,000 per National Provider Identifier), and supplier details.
Based on credit history, typically starts around $250-$500 annually for applicants with good credit.
