tci Medicare Compliance & Reimbursement - 2011 Issue 20
Audits: RACs Corrected Over $92 Million in Improper Payments Last Year
The good news? Almost $17 million of that went back to doctors who had been underpaid. You may not be in the sights of your local recovery audit contractor (RAC), but that doesn't mean the RACs aren't hard at work. A new CMS report reveals the results of RACs nationwide, and the numbers are surprising. During fiscal year 2010 (the first year when RACs began actively identifying and correcting improper payments under the National Recovery Audit program), RACs collected $75 million from practices that were overpaid by their Medicare contractors. On the plus side, RACs do appear to be...
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