MedAssets software helps providers with RAC audits
MedAssets has released its Medicare Recovery Audit Contractor (RAC) solution to support healthcare providers’ strategies to address RAC audits.
The solution assists providers throughout the RAC audit process, providing a workflow tool that helps hospitals manage RAC audit timelines and activities, automate deadline notifications, track activity and audit historical claims to identify vulnerabilities.
The RAC program is one of multiple initiatives launched by the Centers for Medicare & Medicaid Services to stop improper payments before a claim is paid, and identify and recoup improper payments after the claim has been paid.
The national RAC program is expected to rollout in the United States by 2010.
The solution assists providers throughout the RAC audit process, providing a workflow tool that helps hospitals manage RAC audit timelines and activities, automate deadline notifications, track activity and audit historical claims to identify vulnerabilities.
The RAC program is one of multiple initiatives launched by the Centers for Medicare & Medicaid Services to stop improper payments before a claim is paid, and identify and recoup improper payments after the claim has been paid.
The national RAC program is expected to rollout in the United States by 2010.