PRG-Schultz CFO to Leave
The CFO and treasurer of PRG-Schultz International, Peter Limeri, will resign on May 31. PRG-Schultz is a subcontractor in the Centers for Medicare and Medicaid Services (CMS)’ Recovery Audit Contractor (RAC) program that identifies and corrects past improper payments from healthcare providers. As a subcontractor, PRG-Schultz keeps between 9% and 12.5% of the payments they collect.
During the RAC program demonstration in California, PRG-Schultz was said to have denied a great deal of the state’s Medicare inpatient rehabilitation claims that it evaluated. Moreover, two hospitals filed suit against PRG-Schultz for allegedly reopening a claim without reason, which Medicare necessitates.
The controller for PRG-Schultz, Robert Lee, will take over both of Limeri’s former positions.
For more information, please call Abby Pendleton, Esq. or Jessica Gustafson, Esq. at (248) 996-8510 or visit The HLP website.