CMS Clarifies 90-Day Requirement for Credit Reports in Round 2

CMS just published the following Q & A on the CBIC web site:

 

“The Centers for Medicare & Medicaid Services has issued the following clarification to assist suppliers bidding in the Round 2 and national mail-order competitions of the Medicare Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program. This information will also be posted on the Competitive Bidding Implementation Contractor (CBIC) website. If you have any questions, please contact the CBIC customer service center at 877-577-5331 between 9 a.m. and 9 p.m. Eastern Time during the registration and bidding periods.

Q: The Request for Bids instructions say that suppliers must submit a copy of a credit report with numerical score that was prepared within 90 days prior to the opening of the bid window. Does this mean I can’t submit a credit report and score that is dated after bidding opens but before bidding closes?

A: No. Credit reports and scores must not be prepared earlier than 90 days prior to the opening of the bid window, but they can be prepared after bidding opens as long as they are received by the Competitive Bidding Implementation Contractor (CBIC) by the close of the bid window. When bidding opens, the Centers for Medicare & Medicaid Services will post the specific date that is 90 days prior to the opening of the bid window on the CBIC website. Credit reports and scores that are older than this date will not be accepted.”