§489.70. Effect of payment by the Surety.
42 C.F.R. § 489.70
A Surety's payment to CMS under a bond for an unpaid claim or an unpaid civil money penalty or assessment, constitutes—
Collection of the unpaid claim or unpaid civil money penalty or assessment (to the extent the Surety's payment on the bond covers such unpaid claim, civil money penalty, or assessment); and
A basis for termination of the HHA's provider agreement under § 489.53(a)(1).
Notes, amendments, and revision history
Source
Source: 63 FR 313, Jan. 5, 1998, unless otherwise noted.
Authority
Authority: 42 U.S.C. 1302, 1395i-3, 1395x, 1395aa(m), 1395cc, 1395ff, and 1395hh.
Source
Source: 45 FR 22937, Apr. 4, 1980, unless otherwise noted.