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RACs recouped $3B for Medicare in 2013
Medicare’s recovery auditors returned more than $3 billion into the program’s coffers last year, a new government report shows. And providers that appealed those audits won less than 1 in 5 tries. While the RAC trade group cheered the report, it isn’t quelling provider criticism of the RAC program. Indeed, one provider group attorney Monday criticized the report for using what she terms “fuzzy math.”
In total, Medicare’s recovery auditor contractors, or RACs, found $3.75 billion of incorrect payments made to hospitals and doctors in fiscal 2013, which ended last September, according to the CMS’ annual RAC report to Congress (PDF)….Read More
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