OIG addresses challenges associated with maintaining an accurate licensure database

The OIG has found that some contract supplies in Round 2 of the Durable Medical Equipment Competitive Bidding Program had not met all of the competitive bidding licensure requirements. Specifically, of the 146 suppliers covered in our audit, 69 suppliers met licensure requirements. However, 63 suppliers did not meet licensure requirements for some of the competitions for which they received a contract. Additionally, 14 suppliers need to be further researched by CMS and its contractors …

The Department of Labor increases salary requirements for overtime

The Department of Labor’s (DOL) final rule, issued this week, increases minimum salary requirements for overtime exemptions to $47,476 a year, or $913 per week. The rule will take effect December 1, 2016. The new overtime rule will:

Raise the salary threshold indicating eligibility from $455/week to $913 ($47,476 per year), ensuring protections to 4.2 million workers.
Automatically update the salary threshold every three years, based on wage growth over time, increasing predictability.
Strengthen overtime protections for salaried …