Industry Notes:
Deadline Looms While Suppliers Wait On Bidding Form C
Published on Fri Feb 11, 2011
Bid contract suppliers are anxiously awaiting bidding Form C, but it still isn't out at press time. Background: Under bidding, suppliers have to submit Form C quarterly, 10 days after the quarter ends. The first Form C submission is scheduled for April 10. The form will be out "soon," CMS pledges in a message to providers. Form C is used to submit a report "on the products and brands furnished to Medicare beneficiaries during the previous quarter," CMS says on its bidding website. "The report must also include the approximate number of each item furnished during the quarter to beneficiaries enrolled in Original Medicare in a competitive bidding area for which you were awarded a contract." Why? "The information is used to evaluate beneficiary access to competitively bid items, as well as the quality of items and services," CMS says on its bidding website. Suppliers sorely need the form and [...]