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In the May 10, 2010 issue of Forbes Magazine, the On My Mind section features resident scholar at the Institute for Policy Innovation Merrill Matthews. Mr. Matthews primary point is a good one: cut the fraud in Medicare (about 10%) down to the insurance industry “norm” of 1.5%. Do this and you have about $40 [...]
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Continue ReadingThe American Medical News recent article about the GAO criticizing the Medicare Payment Audits. Physicians who had been hit during the initial test phase stated: the auditors appeared to be going on fishing expeditions to find overpayments, demanding scores of medical records from several years past. Additionally, the GAO found: GAO said a Medicare contractor [...]
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Continue ReadingShould physicians be concerned about Recovery Audit Contractor Audits – or are RACs only going after hospitals? The RACs have already posted numerous issues that involve Part B providers, and these are already under review. Right now as we speak, automated reviews of physicians may be underway in your area . . . Without getting into a long drawn-out article, let’s look at just a few that will affect physicians.
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