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Physician Alert!
Medicare Audits Will RAC
Physicians Over the Coals!
Regulatory Audit Contractors (RACs) are auditing physicians
to recover Medicare dollars for overpayments and/or “medically
unnecessary” care.
Regulatory Compliance Insurance Coverage is inexpensive, is retroactive for
six years, and provides expert legal representation and asset protection from
fines and penalties that may be levied (restitution is not covered). It protects
physicians and healthcare providers against:
- Medicare Recovery Audit Contractors (RAC)
- Suggested Violations of Patient Privacy Regulations (HIPAA)
- Allegations of Non-Compliant Patient Referrals (STARK)
- Emergency Room Treatment (EMTALA)
Medicare Recovery Audit Contractors (RACs) are beginning audits of
healthcare providers to identify Medicare overpayments. RACs receive a
percentage of any provider overpayments. Note that 41% of one billion dollars
recovered thus far was from services RACs determined to be “medically
unnecessary.”