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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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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In the previously mentioned article on CMS Manual System changes, I touched on the fact that you need to be organized. There is a second part to that CMS Manual change, and it deals with Monthly Appeals Reports and the proper method a RAC is to follow when they submit those reports. About a year [...]
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