CMS has also paid healthcare providers $109.6 million in Medicare underpayments since Oct. 2009.
Here are the other RAC collection data included in the report:
Overpayments collected:
FY 2010 — $75.4 million
FY 2011 Q1 — $81.2 million
FY 2011 Q2 — $185.2 million
FY 2011 Q3 — $233.4 million
Total — $575.2 million
Underpayments returned:
FY 2010 — $16.9 million
FY 2011 Q1 — $13.1 million
FY 2011 Q2 — $23.7 million
FY 2011 Q3 — $55.9 million
Total — $109.6 million
Total corrections:
FY 2010 — $92.3 million
FY 2011 Q1 — $94.3 million
FY 2011 Q2 — $208.9 million
FY 2011 Q3 — $289.3 million
Total — $684.8 million
Read the recent report on Medicare RACs (pdf).
Related Articles on RACs:
How to Avoid RAC Red Flags for Hospital-Owned Physician Practices
RACs Collect More Than $233M in Overpayments
Hospitals Should Assume Overpayment Amounts in Demand Letters Are Estimates Only
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