Within how many days must changes in ownership be reported to the Medicare program?

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Changes in ownership of a healthcare entity that participates in the Medicare program must be reported within 30 days. This requirement ensures that the Centers for Medicare & Medicaid Services (CMS) is informed about ownership changes promptly, allowing for the necessary updates to billing, compliance, and regulatory oversight.

Timely reporting of ownership changes is crucial in maintaining the integrity and transparency of the Medicare program, as it helps to ensure that the governing body of the provider meets all regulatory requirements. It also allows for quicker access to data that may affect compliance, payment, and funding decisions related to the healthcare services being provided.

The 30-day timeframe underscores the importance of keeping CMS informed so that any potential issues with compliance or eligibility can be promptly addressed, thereby minimizing disruption to the services provided to patients.

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