What Is A DMEPOS Bond?
Medicare bonds are required for anyone manufacturing and supplying durable medical equipment, prosthetics, orthotics, and supplies, or DMEPOS. The bond protects against malpractice and fraud as well as regulates the application process. These surety bonds begin at $50,000 and increase in rates for various reasons.
Before manufacturers purchase a bond from an agency, they must submit themselves to a credit check, have their application approved, and go through other screening processes.