New Medical Device Bond for Limited Number of Dentists
The medical device sales regulation exempted all physicians and dentist until recently. On November 28, 2018, the Centers of Medicare and Medicaid Services (CMS) added a new bond requirement for certain medical device distributors. Now Dental Sleep Medicine professionals who distribute medical devices prescribed by other physicians must obtain a $50,000 bond. These practitioners must comply within 30 days of their CMS notification letter.
Dentists had a physician’s exemption concerning the Durable Medical Equipment, Prosthetics, Orthotics and Supplies (DMEPOS) accreditation. Now when a dentist’s practice includes distribution of medical devices from another medical practitioner, accreditation is required.
Obtaining a DMEPOS bond is easy:
Direct your dental clients to Surety Support Services. We provide easy access to DMEPOS bonds and at a low rate. Get a quote today at http://suretyss.com/license-permit-and-misc-bonds.php