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18
NEWS: Revised timeline for RACs
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Hospitals will likely begin receiving demand letters for medical records from Medicare’s Recovery Audit Contractors (RACs) as early as this coming January, according to a CMS official.
Tim Hill, Office of Financial Management director at CMS, says hospitals can expect to see the requests in January 2009 as the RAC permanent project begins, the American Hospital Association reports.
CMS had not listed an exact start time for the permanent RACs until Hill’s announcement. CMS is expected to announce who the permanent RACs will be by October 1.
To read more about the timeline of the nationwide RAC rollout, click here.
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The Centers for Medicare & Medicaid Services recently released an update document to the report evaluating the 3-year Medicare recovery audit contractor demonstration project. For more information, visit: http://medicareupdate.typepad.com/medicare_update/2008/09/the-cms-recentl.html