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Healthcare Financial News - Tuesday, October 07, 2008

Healthcare Financial News


Tuesday, October 07, 2008
CMS Names Four Recovery Audit Contractors

The Centers for Medicare & Medicaid Services (CMS) announced on Oct. 6 that it has awarded contracts to four permanent recovery audit contractors (RACs). The new RACs, selected under a full and open competition, are CGI Technologies and Solutions, Inc., of Fairfax, Va.; Connolly Consulting Associates, Inc., of Wilton, Conn.; Diversified Collection Services, Inc., of Livermore, Calif.; and HealthDataInsights, Inc., of Las Vegas.

The RACs identify improper overpayments or underpayments made on claims of healthcare services provided to Medicare beneficiaries. Healthcare providers that might be reviewed include hospitals, physician practices, nursing homes, home health agencies, durable medical equipment suppliers, and any other provider or supplier that bills Medicare Parts A and B. The new RACs will be paid on a contingency fee basis on both the overpayments and underpayments they find.

Additional states will be added to each RAC region in 2009. Before work begins, the RACs will hold town hall-type meetings in each state with healthcare providers and CMS staff and RAC representatives in October and November. Healthcare providers can get more information about these meetings and the date the program will begin in their states by checking the CMS RAC web site. Read the fact sheet.

posted on 10/7/2008 7:41:24 AM (CST)  Permalink   
E-prescribing and Safeguarding Consumer Privacy Cited as Pivotal to Widespread Healthcare Reform

E-prescribing and consumer privacy are critical to advancing healthcare reform, according to a report released Sept. 23 by the State Alliance for e-Health. In its inaugural report, Accelerating Progress: Using Health Information Technology and Electronic Health Information Exchange to Improve Care, the group of bipartisan health policy and technical experts called for accelerating adoption and use of health IT and electronic health information exchange (HIE) to speed improvements in the U.S. healthcare system.

The report examines the challenges states face in implementing health IT and HIE, including provider concerns about implementation costs, variations in technical standards for interoperability, and consumer concerns about data privacy and security. E-prescribing is cited as a landmark gateway to stimulating other advances in e-health, but progress in this and other e-health areas should move simultaneously with increased scrutiny and attention to protect the privacy of consumers’ health information.

The National Governors Association Center for Best Practices created the State Alliance for e-Health in 2006. Download the report.

posted on 10/7/2008 7:39:30 AM (CST)  Permalink