CMS issues report on Medicare demonstration
According to the recently report on the Medicare Recovery Audit Contractor (RAC) 3-year demonstration program, RACs recouped $992.7 million in overpayments to providers, while $37.8 million in underpayments were repaid to providers as of March 27.
Of the overpayments, 85% were collected from inpatient hospital providers, 6% from inpatient rehabilitation facilities and 4% from outpatient hospital providers. After expenses, appeals and underpayments repaid to providers, the program returned $693.6 million to the Medicare Trust Fund The report also outlines lessons learned during the demonstration and improvements the Centers for Medicaid and Medicare Services (CMS) will make to the permanent program scheduled to roll-out later this summer.
To download a copy of the report go to: http://www.cms.hhs.gov/RAC/Downloads/RAC_Demonstration_Evaluation_Report.pdf.
According to the recently report on the Medicare Recovery Audit Contractor (RAC) 3-year demonstration program, RACs recouped $992.7 million in overpayments to providers, while $37.8 million in underpayments were repaid to providers as of March 27.You have reached your article limit for the month. Subscribe now to access this article plus other member-only content.
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