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PhysBizTech Guest Article: The state Medicaid RAC audits begin...now!
Plain and simple, they are bounty hunters.
They don’t hunt fugitives. They hunt for Medicaid fraud.
Effective immediately, if you provide healthcare services to Medicaid patients, these bounty hunters are authorized to look for fraud in your office. These Medicaid Recovery Audit Contractors (RACs) were mandated as part of the 2010 Patient Protection and Affordable Care Act, also known as President Obama’s Health Care Reform Act.
The new audits will be in addition to existing audits being conducted by Medicare RACs, Medicaid Integrity Contractors (MICs) and Zone Program Integrity Contractors (ZPICs).
Excerpt from PhysBizTech, Jan. 16, 2012. To view the full article, click here.