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DHHS, through its Centers for Medicare and Medicaid Services (CMS) branch, began the program in 2005, using Recovery Audit Contractors to perform the actual work of reviewing, auditing, and identifying improper Medicare payments. At the inception of the program, it focused on Medicare payments in the states of California, New York, and Florida.
The Centers for Medicare & Medicaid Services (CMS) is a federal agency within the United States Department of Health and Human Services (HHS) that administers the Medicare program and works in partnership with state governments to administer Medicaid, the Children's Health Insurance Program (CHIP), and health insurance portability standards.
Office of Audit Services (OAS). OAS conducts audits that assess HHS programs and operations and examine the performance of HHS programs and grantees. In FY 2020, OIG produced 178 audits. OIG uses data analytics and risk assessments to identify emerging issues and target high-risk areas to ensure the best use of audit resources.
The article Medicare Recovery Audit Contractor HDI Reaches $1 Billion in Corrections originally appeared on Fool.com. Try any of our Foolish newsletter services free for 30 days .
Previously, Medicare offered a partial hospitalization benefit (PHP), for patients who need at least 20 hours of therapy and other mental health and substance use disorder services in a week ...
Medicare Prescription Drug Price Negotiation Act; Medicare Prescription Drug, Improvement, and Modernization Act; Medicare Prompt Pay Correction Act; Medicare Quality Cancer Care Demonstration Act; Medicare Rights Center; Medicare Shared Savings Program; Medicare, Medicaid, and SCHIP Balanced Budget Refinement Act of 1999; Medigap; Minimum Data Set
Recovery auditing is the systematic process of reviewing disbursement transactions and the related supporting data to identify and recover various forms of over payments and under-deductions to suppliers. In other words, it is the recovery of lost money.
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