Monday, May 19, 2014
MY LATEST AT FORBES.COM: RACS ARE RECKLESS BOUNTY HUNTERS
My most recent post at Forbes.com starts with the story of the Medicare recovery audit contractors (RACs) going zero for three in their investigation of one Texas physician. Finding no error doesn’t seem to dissuade the auditors. “These RAC processes are arbitrary, and the auditors get paid by the federal government up to 12.5 percent of anything they find that is out of compliance with the vast array of arcane and indecipherable regulations our physicians are subjected to under the [Affordable Care Act] and other laws,” Physicians Foundation CEO Tim Norbeck and I write in “RACs Are Reckless Bounty Hunters In Our Healthcare System.” The article goes on to document the systemic ills that infect the RACs. Have you had your own illogical run-in with the auditors? Send me an e-mail with your story.
Posted by Steve Levine at 1:03 PM