CMS’ RAC Recoveries Accelerate
The Centers for Medicare and Medicaid Services (“CMS”) overpayment recovery through its Recovery Audit Contractor (“RAC”) program is on the rise. CMS recovered in excess of $313 million in Medicare overpayments since October 2009, and almost half of that amount ($162 million) was collected during the first three months of 2011. In comparison, only $75.8 million was collected from October to December 2010, and $75.4 million was recovered from October 2009 to September 2010. The majority of overpayments alleged during FY 2010 through March 2011 involved incorrect coding. The CMS report may be viewed here.
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