BC Advantage - 2009 Issue 7

Eight Steps to Alleviate Chart Audit Anxiety

If the thought of a chart audit strikes fear in your mind, then you'll want to read on to help alleviate some of your anxiety.By now, most of us have read or heard about Recovery Audit Contractors (RACs), which are commissioned by the Centers for Medicare and Medicaid Services (CMS) to find and report over- and under-payments to the Medicare program. RACs are said to work like "bounty hunters" and, as a result of the program, over $980 million dollars were identified in claim overpayments and $37.8 million in underpayments in the original demonstration programs. Approximately $800...

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