The State of Florida, Agency for Health Care Administration (AHCA) requires a surety bond in the penal sum of Fifty Thousand Dollars ($50,000) for medicaid providers as defined in §409.901(11), Florida Statutes (Fla. Stat.). The Medicaid Provider Surety Bond obligates the principal, its agents and employees to faithfully conform to and abide by the provisions of the Florida statute (§409.907, Fla. Stat.), applying funds received, and performing all obligations and undertakings made pursuant to the provisions of such statute in the conduct of providing Medicaid services.
Applicants may also be required to post a federal DMEPOS (Durable Medical Equipment Provider) Surety Bond.
