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Recovery Audit Contractors

RAC Auditor Profits

by RacGuru on May 4, 2012

in RAC News

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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RAC Recoveries Accelerating, Look Out

by RacGuru on May 19, 2011

in RAC News

Take 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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Reading the Flags

by Winston on June 10, 2010

in RAC News

Benchrest shooters judge wind direction and velocity by observing flags along the side of the shooting range. It’s called “reading the flags”, and you simply won’t win if you’re not extremely good at it. . . . Astute physicians are reading the flags, observing the changes taking place in their profession, government, and healthcare – and making corrections accordingly. We are seeing more and more doctors awakening to the dangers posed by RAC, and our AAPC certified coders who perform Baseline Audits are doing more of them every month.

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