BC Advantage - 2010 Issue 8

Audit-proof your practice: Be prepared for RACs and MICs

Ready or not, Recovery Audit Contractor (RAC) audits are a permanent program for Medicare providers. Although physician practices have long faced the possibility of an audit by the Centers for Medicare and Medicaid Services (CMS) and the Office of Inspector General (OIG), the RAC audit program has taken this exercise to an entirely new level. Since CMS announced that it had recovered more than $1 billion in overpayments to providers, it has expanded the original pilot program to all 50 states as of January 1, 2010. This translates to a substantial increase in the likelihood that practices billing for...

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