MD Audit Shield: RAC Preparedness
The federal government’s Recovery Audit Contract (RAC) program has fundamentally changed the risk landscape for healthcare providers. Private auditing companies are now incentivized to find inconsistencies in medical claims across all 50 states. These audits look for coding inconsistencies, lack of documentation for medical necessity, and overpayments.
Protect Your Practice from Financial Penalties
If an audit uncovers errors, your practice may be forced to pay back overpayments with interest. Furthermore, once an error is found, auditing companies often return every 45 days until no further issues are discovered. FMN Healthcare’s MD Audit Shield is your proactive defense against this invasive process.
How MD Audit Shield Works
We don’t just wait for an audit to happen; we prepare you to pass it. Our service includes:
Audit Assistance: In the event you are selected for a RAC audit, we stand behind you with expert assistance and documentation support.
Random Record Reviews: We audit 50 records at random to check for improper coding or Medicare/Medicaid non-compliance.
Corrective Action Plans: We specify the exact steps needed to bring your records into compliance.
Implementation Support: We perform the necessary changes to your billing workflow to ensure future compliance.
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Don’t Guess Where You’re Losing Money – Know For Sure.
