Medicare Credit Balance Reporting Requirements and Supporting Regulations in 42 CFR 405.371, 405.378, and 413.20

OMB 0938-0600

OMB 0938-0600

The collection of credit balance information is needed to ensure that millions of dollars in improper program payments are collected. Approximately 52,380 health care providers will be required to submit a quarterly credit balance report that identifies the amount of improper payments they received that are due to Medicare. The contractors will monitor the reports to ensure these funds are collected.

The latest form for Medicare Credit Balance Reporting Requirements and Supporting Regulations in 42 CFR 405.371, 405.378, and 413.20 expires 2021-12-31 and can be found here.

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