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Bond #95924-48 Hour Approval

Medicare DME Bond

Federal bonds for durable medical equipment suppliers. Required for CMS enrollment with $50,000 standard coverage. Fast approval and competitive rates.

$500-$1,500/Year
For $50K bond amount
Fast Approval
24-48 hours
CMS Required
Federal enrollment
All DME Types
Full coverage
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Fast approval for CMS enrollment

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Instant Bonds Available
24-hour approval
A- minimum rated carriers
24-48 Hrs
Approval Time
$50,000
Bond Amount
1-3%
Annual Rates
CMS
Federal Required

Who Needs Medicare DME Bonds?

Required for healthcare providers enrolling with CMS as DME suppliers

Durable medical equipment suppliers
Home healthcare equipment providers
Prosthetic and orthotic suppliers
Medical supply companies serving Medicare
Pharmacies providing DME services
Hospital-based DME departments

Common DME Categories Covered

Oxygen and respiratory equipment
Wheelchairs and mobility devices
Hospital beds and patient lifts
Prosthetics and orthotics
Diabetic testing supplies
CPAP and sleep therapy equipment

CMS Enrollment Requirements

Key requirements for Medicare DME supplier enrollment

Surety Bond

Maintain $50,000 surety bond with CMS-approved surety company

Accreditation

Maintain accreditation from ACHC, AAAHC, or Joint Commission

Financial Documentation

Provide audited financial statements and compliance documentation

Continuous Coverage

Maintain bond continuously during enrollment and revalidation

How to Get Your Medicare DME Bond

Simple 4-step process to secure your bond

1

Get Quote

Submit bond application with CMS enrollment details

2

Underwriting Review

Credit check and healthcare compliance assessment

3

Bond Issuance

Receive $50,000 bond for CMS submission

4

CMS Enrollment

Submit bond with CMS-855S enrollment application

Frequently Asked Questions

Common questions about Medicare DME bonds

What is a Medicare DME bond?
A Medicare DME bond is a $50,000 surety bond required by CMS for durable medical equipment suppliers seeking to enroll as Medicare providers. It protects the Medicare program and beneficiaries from supplier fraud and ensures compliance with Medicare regulations.
How much does a Medicare DME bond cost?
Medicare DME bond premiums typically range from 1-3% of the $50,000 bond amount annually. Most suppliers pay $500-$1,500 per year depending on their credit score, financial strength, and healthcare industry experience.
Do I need a separate bond for each DME location?
Yes, CMS requires a separate $50,000 bond for each practice location where you provide DME services. Each location must have its own enrollment and bonding.
How long does Medicare DME bond approval take?
Most Medicare DME bonds are approved within 24-48 hours for suppliers with good credit and complete applications. The bond can be issued immediately upon approval for urgent CMS enrollment deadlines.
Can I get a Medicare DME bond with poor credit?
Yes, DME bonds are available for suppliers with challenged credit, though premiums will be higher. We work with specialized programs for healthcare providers with credit issues or limited credit history.
When does the Medicare DME bond requirement apply?
The bond is required for all new DME supplier enrollments with CMS and must be maintained continuously. The bond requirement also applies during revalidation every 5 years and for any new practice locations.

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Need Help with CMS Enrollment?

Our healthcare bonding specialists can guide you through CMS requirements and the enrollment process.

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Written by BuySuretyBonds.com
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