Audit Program Has Saved Medicare $10B, Group Finds

(Source – Health Care Daily Report via www.bna.com)

Medicare’s Recovery Audit Contractor program has returned more than $10 billion to the Medicare trust fund since the program’s inception in 2006, according to a pro-RAC group. The Council for Medicare Integrity said in an Aug. 5 statement that in the second and third quarters of fiscal year 2015, RACs recovered nearly $176 million. RACs also have returned more than $800 million in underpayments to Medicare providers for services that initially were underbilled, the CMI said. The RAC program identifies improper Medicare payments to providers, such as hospitals. Read more…

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