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tci Part B Insider - 2011 Issue 17
Physician Notes: RACs Hauled in $162 Million in Overpayments in First Quarter of 2011
Plus: CMS paid out over $380 million in PQRS and ePrescribing incentives in 2009.You may not be in the sights of your local recovery audit contractor (RAC), but that doesn't mean the RACs aren'thard at work. A new CMS report reveals the results of RACs nationwide, and the numbers are surprising. During fiscal year 2010 (Oct. 2009 through Sept. 2010), RACs collected $75.4 million from practices that were overpaid by their Medicare contractors--but that number pales in comparison to the amount the RACs collected just in the first three months of 2011. Between January and March of...
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