Sponsored by the Craneware| info@craneware.com | 404.364.2032
Medicaid RACs Can Save Up to $10B, PRGX CEO Says
Romil Bahl, CEO of auditing firm PRGX, said the Medicaid Recovery Audit Contractor program has the potential to save the government $9-10 billion, according to a Forbes report.One of the keys to reaching these savings is to have the right people who can recognize errors in billing codes, PRGX CMO Moira Dolan, MD, said. PRGX's audit team, for example, includes medical professionals who have experience working with healthcare providers.
Read the Forbes report on recovery audit contractors.
Related Articles on RACs:
CMS: How to Notify RACs of Self Audits
16 States With Medicaid RAC Contracts
RACs Focusing on Back, Chest Pain
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.
Dow Jones
Company ID [INDEXDJX:.DJI] Last trade:12,362.87 Trade time:1:26PM EDT Value change:▼139.94 (-1.12%)NASDAQ
Company ID [INDEXNASDAQ:.IXIC] Last trade:2,811.15 Trade time:1:26PM EDT Value change:▼27.93 (-0.98%)S&P 500
Company ID [INDEXSP:.INX] Last trade:1,302.75 Trade time:1:26PM EDT Value change:▼13.88 (-1.05%)Channels