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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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Continue ReadingTake a look at this summary report from the CMS. It will open in a new window. Basically from Oct 2009 to Mar 2011 the RACs have recovered $365.8M. Of that over half was collected from Jan 2011 to Mar 2011. Things are speeding up. There has been, and still is, a learning curve going [...]
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Continue ReadingOn July 28th, a report was sent to the Centers for Medicare & Medicaid Services (CMS) from the Inspector General’s office that will have widespread attention in the near future. And it’s without question a physician issue, not a hospital one. If you’re a doctor it will affect your wallet or purse, so you might want to know this.
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