Summer 2011 - Vaccines

New Medicare Fee for Institutional Providers

On March 25, the Centers for Medicare and Medicaid Services (CMS) began charging a new application fee to all institutional providers, including nursing homes, hospitals, etc., that are enrolling, re-enrolling, revalidating or adding a new practice location. The fee will be $505 per facility in 2011, but in the future, it will be linked to the Consumer Price Index. The money will be used for “program integrity” efforts, including screening of applicants to the program.

According to CMS, providers should pay the application fee through www.Pay.gov after submitting a completed CMS-855 application. The application fee was included in the final rule implementing Patient Protection and Affordable Care Act provisions to reduce fraud, waste and abuse in Medicare, Medicaid and the Children’s Health Insurance Program.

BSTQ Staff
BioSupply Trends Quarterly [BSTQ] is the definitive source for industry trends, news and information for the biopharmaceuticals marketplace. With timely and critical information, each themed issue covers topics ranging from product breakthroughs, industry insights and innovations, up-to-the-minute news on the latest clinical trials, accessibility, and service and safety concerns.