CMS to require use of new 855R Medicare enrollment form

Written by Reed Tinsley | December 2, 2014

 

The   Centers for Medicare & Medicaid Services (CMS) recently finalized a new 855R form, which is used to   reassign an individual physician's Medicare billing privileges to an   organization. The revised form will become available on the CMS.gov websiteon Dec. 29, 2014 and can be   found by searching "855." Once available, Medicare administrative   contractors may accept both the current and revised versions of the form   through May 31, 2015, after which only the revised CMS 855R application will   be accepted. The online Medicare Provider Enrollment, Chain and Ownership   System (PECOS) will be updated to include the revised Medicare reassignment   information.

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Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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