Daily Dose: CMS Audit Recovers $700M of Improper Payments
With the close of the fiscal year quarter, the Centers for Medicare & Medicaid Services has again released statistics for the amount of overpayments and underpayments. The latest report shows that the trend continues to point upward, as CMS has once again corrected more improper payments than the previous quarter, this time to the tune of $701.3 million.
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The upward trend continues to show that providers must get their billing and documentation shored up on the front end, says Elizabeth Lamkin, MHA, CEO, Pace Healthcare Consulting, LLC, in Hilton Head, S.C.
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