When your business revolves around what the government has created…you end up being the tail that is wagged. HMS Holdings, one of the largest RAC auditing companies profits drop from $9.82 million to $7.04 million dollars. Let me hear all the docs in unison: boo hoo, we feel so sorry for you! There are not [...]
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by RacGuru on August 10, 2010
in RAC News
As mentioned before, it is not in the interest of the RAC’s to report a physician for fraud. Why? The RAC’s get ZERO if they report for fraud…BUT if they retract funds paid to a Doc, they then get a percentage of that take. Make sense? How about this: As report in USA Today on [...]
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Most physicians don’t yet understand the look-back period . . . When it comes to preparing for RAC audits, timing is everything.
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