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Elevance Health Avoids CMS Sanctions After Attesting to Corrective Steps

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The Centers for Medicare & Medicaid Services will not impose intermediate sanctions on Elevance Health (ELV) at this time based on the health insurer's attestation to corrective action steps it has taken, the agency said Friday.

CMS notified Elevance in February of its determination to impose intermediate sanctions for "substantial and persistent noncompliance with Medicare Advantage risk adjustment data submission requirements."

In its attestation, Elevance said it has completed the initial submission in CMS' established electronic systems, remitted a wire transfer of the total overpayment amount based on all auditable estimates and uploaded spreadsheets showing each Overpayment ID, according to CMS.

Elevance didn't immediately reply to a request for comment from.

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