tci Medicare Compliance & Reimbursement - 2008 Issue 11
RACs: Recovery Audit Contractors Collect $371.5 Million
Described as 'bounty hunters,' RACs are still frowned upon by many If a recovery audit contractor (RAC) has visited your practice, you're not alone. CMS announced last week that it had recovered $371.5 million in improper Medicare payments last year, thanks to the help of RACs in California, Florida and New York. In place since 2005, the RAC demonstration program has been picking up steam over the past year and is now targeting improper payments in California, Florida, New York, Massachusetts, South Carolina and Arizona. "The RAC demonstration program has proven to be successful in returning overpayments...
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