Suppliers bidding in the re-bid of round one of competitive bidding must submit hardcopy financial documentation by Nov. 21 in order to be notified if they have any missing documents, according to a statement from CBIC.
The Medicare Improvements for Patients and Providers Act of 2008 (MIPPA) established a “covered document review process” to create a system for notifying providers if they have missing required financial documents. Under the covered document review process, providers will be notified if they submit their hardcopy financial documents by the Covered Document Review Date (CDRD), which is Nov. 21.
The statement from CBIC said that the covered document review process only determines if there a provider is missing any financial documents. It does not indicate if the documents are acceptable, accurate or meet applicable requirements.
Providers that submit financial documents by the CDRD will be notified of any missing financial documents within 45 days of the deadline. Those with missing documents must submit only the indicated missing financial documents within 10 business days of the notification.
The statement added that bidders may not change bid amounts or submit revised versions of previously submitted documents after the bid window closes, and encouraged bidders to review its Covered Document Review Date fact sheet available at the CBIC web site.
