In fiscal year 2021, the Medicare fee-for-service improper payment rate was 6.26 percent, a historic low, according to the news release. This is the fifth consecutive year the Medicare fee-for-service improper payment rate has been below 10 percent.
CMS said the improper payment rate decline was due to its “aggressive corrective actions.”
“CMS is undertaking a concerted effort to address the root causes of improper payments in our programs,” said CMS Administrator Chiquita Brooks-LaSure. “We intend to build on this success and take the lessons we’ve learned to ensure a high level of integrity across all of our programs.”
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit