Healthcare Finance News: Trevor Maxwell, Contributing Writer – March 05, 2012.
RAC auditors are paying attention to all types of providers – not just hospitals – including physician practices, skilled nursing facilities and medical equipment suppliers.
With the number of audits on the rise and a controversial expansion looming, the National Recovery Audit Contractor program – the government’s effort to cut down Medicare overpayments, errors and fraud – is at the forefront this year for healthcare administrators.
And it’s not just hospitals that have to worry about compliance. The RAC auditors are also paying attention to other types of providers, including physician practices, skilled nursing facilities and medical equipment suppliers.
“In today’s healthcare, whether you are a physician, an administrator for a physician practice, a hospital, you have to be concerned about the RACs,” said Jim Hoover, an Alabama-based lawyer who works with healthcare industry clients.
“There has been a proliferation of audits, whether it’s the Medicare RACs, integrity audits, the new Medicaid RACs,” said Hoover, of the firm Burr & Forman in Birmingham. “If folks are not used to audits, they better get used to them real quick.” Read More