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6 ways to avoid a RAC audit

from Physician's Practice

If you believe your practice is too small to warrant the attention of Recovery Audit Contractors, think again. Here are ways to prepare for scrutiny. In recent months, little has been written about Recovery Audit Contractors (RACs), the CMS contractors charged with identifying improper payments to healthcare providers. Still, they remain a potent threat to practices' bottom lines, given the strong incentives under which they operate. RACs are paid on commission and get between 9.0 percent and 12.5 percent of any improper payments they identify. Small- and medium-sized practices are not below the RAC radar and should heed the following succinct steps to avoid and/or minimize exposure. more

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