RACs Returned $100.4 Million To Providers In The Third Quarter

Medicare Recovery Audit Contractors returned $100.4 million in underpayments to providers in the third quarter of fiscal year 2014. According to the American Coalition for Healthcare Claims Integrity (an association of auditors), this is the highest amount of returns for a single quarter since the RAC program began five years ago. Complaints from providers and the troubled implementation of the “two-midnight rule” has decreased RAC activity, leading to a 22% decline in the amount of overpayments that RACs returned to the Medicare Trust Fund in the third quarter of fiscal year 2014.

Click here to read more.

Advertisements

2 thoughts on “RACs Returned $100.4 Million To Providers In The Third Quarter

  1. Pingback: Monday Morning Recap | hmsabc

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s