Navigation Links
Cain and Associates Launches Government Audit Protection (GAP) Service
Date:1/14/2009

Innovative Service Helps Hospitals and Health Systems Reduce the Likelihood of an Audit from a Medicare or Medicaid Recovery Audit Contractor

PHOENIX, Jan. 14 /PRNewswire/ -- Arizona-based Cain and Associates (C&A) (http://www.cainandassociates.com) today announced the launch of its new Government Audit Protection (GAP) service. GAP was specifically created as a pre-review process to assist hospitals and health systems minimize compliance and financial risks in light of new government Medicare and Medicaid recovery audit contractor programs. The initial and best known of which is the Recovery Audit Contractor (RAC) program. RAC began on October 6 in 19 states, and will be implemented in all 50 states by 2010. The RAC program concentrates on Medicare payments and allows third-party auditors to keep from 9.4% to 12.4% of payments identified as improper and then collect them from providers.

"Hospital executives must be proactive in this difficult regulatory climate and GAP is a perfect vehicle for self-auditing," notes C&A CEO Scott Cain. "In the initial audit test cases performed by RAC in California, Florida and New York in 2006 and 2007, almost $11 billion in faulty billings were uncovered. It's essential for providers to identify claims that were improperly paid, make voluntary refunds for payment and communicate the claims numbers to the carriers."

Centers for Medicare and Medicaid Services (CMS) is now mandated to vigorously collect overpayments and aggressively seek out provider fraud. According to CMS, most overpayments are due to "lack of medical necessity" and lack of documentation. The goals of the initiative are to identify past improper payments and recoup overpayments in the Medicare FFS program, as well as helping to prevent future improper payments thereby lowering the Medicare FFS error rate.


'/>"/>
SOURCE Cain and Associates
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. Dr. John Stephen Osika, HIV/AIDS and Infectious Disease Expert, Joins Abt Associates
2. Norton & Associates Inc. Adds $3bnUSD Commercial Real Estate Investment P & L Management Holding Group; US Property Portfolio Inc.
3. Kornberg Associates Architects Opens Tokyo Office
4. Crystal Research Associates, LLC Issues Executive Informational Overview(R) (EIO(R)) on The Medical House PLC
5. Newly Integrated Software Suite From ZS Associates Offers Comprehensive Set of Sales Performance Management Software Solutions
6. Core Laboratories Joint Venture Agreement Between genae associates, VIBGYOR Scientific Research, Cardiovascular Center Aalst and J.B. Dahm
7. BioMS Medical to present at Sachs Associates Biotech in Europe Forum
8. Crystal Research Associates, LLC Issues Executive Informational Overview(R) (EIO(R)) on Generex Biotechnology Corporation
9. Abt Associates Ranked One of Top 20 U.S. Market Research Firms
10. Second Quarter Health Care M&A Strongest In Years According To New Report From Irving Levin Associates, Inc.
11. ARUP Laboratories Partners With Pathology Service Associates
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/23/2013)... Korea , May 23, 2013 ... SillaJen, Inc., a private biotherapeutics and contract research ... biological products for cancer, announced today a publication ... patients treated with the oncolytic and immunotherapeutic vaccinia ... This research was published in the May 15 ...
(Date:5/23/2013)... Bed bugs compromised Penn State. A report ... Meanwhile, My Cleaning Products offered complimentary samples of its bed ... without using harmful chemical elements. , Based on the ... building was actually a dormitory , My Cleaning Products ... May 13 and bed bug presence was confirmed on May ...
(Date:5/22/2013)... 22, 2013 Oven Industries announces the ... integrated potentiometers or via a PC through the TTL ... and one half inches square can deliver up to ... switched, low noise solid state relay. Operator safety is ... the communication port and sensor input. Specifications: Input ...
(Date:5/22/2013)... May 22, 2013 The Conference ... Disruptive Innovations to Advance Clinical Trials conference taking place ... in Boston, MA. , Disruptive thinkers from Novartis, ... more share bold approaches to reduce expensive infrastructure, engage ... innovation needs to be big, or novel, or it ...
Breaking Biology Technology:Pusan National University Announces Science Translational Medicine Publication Highlighting Landmark Demonstration of Functional Anti-Cancer Antibody Induction in Patients Following JX-594 Treatment 2Pusan National University Announces Science Translational Medicine Publication Highlighting Landmark Demonstration of Functional Anti-Cancer Antibody Induction in Patients Following JX-594 Treatment 3Penn State Dorm Infested with Bed Bugs, My Cleaning Products Offers Complimentary Sample of Bed Bug Spray to Help Bed Bug Victims 2New AC Temperature Controller Announced by Oven Industries 2Disruptive Innovation Hits Clinical Trials, Dedicated Event Launches 2
... IPSWICH, Mass., Feb. 2, 2011 New England Biolabs ... upstream of next generation sequencing to include NEBNext® Small ... Illumina® platforms, and NEBNext Small RNA Sample Prep Set ... products offer a new and unique protocol, which results ...
... LAS CRUCES, N.M., Feb. 2, 2011 Elixir Bio-Tech ... been named one of the top fifty winners of ... EBT is launching its Algae Biomass Feedstock ... in producing multi-purpose feedstock with ground-breaking Proprietary and Patent ...
... the innovative biological products and services business of Sigma-Aldrich® (Nasdaq: ... initiative has partnered with Cofactor Genomics in an effort to ... of rat.  As part of the agreement, Cofactor Genomics plans ... systems, while SAGE Labs plans to provide the samples and ...
Cached Biology Technology:New England Biolabs Develops Novel Small RNA NGS Protocol: Reagents Improve Yield and Decrease Adaptor-Dimer Formation 2Elixir Bio-Tech Inc. Elected One of Top 50 Emerging Companies by 100 Venture Capital Funds & Angel Investors 2Sigma Life Science Collaborates with Cofactor Genomics to Develop Publically Available Rat Genome Database 2Sigma Life Science Collaborates with Cofactor Genomics to Develop Publically Available Rat Genome Database 3Sigma Life Science Collaborates with Cofactor Genomics to Develop Publically Available Rat Genome Database 4
(Date:5/21/2013)... considered in the management of natural resources, and ... help them recognize and respond to the relationships ... , Place-Based Conservation: Perspectives from the Social ... Northwest Research Station,s Linda Kruger, can help managers ... is published by Springer Verlag and is available ...
(Date:5/21/2013)... When infections occur in the body, stem cells ... multiplying and differentiating into mature immune cells that ... inflammation can deplete these cell populations, potentially leading ... as cancer. Now, a team of researchers led ... (Caltech) has found that, in mouse models, the ...
(Date:5/21/2013)... new method for delivering molecules into single, targeted ... The technique could find applications in drug delivery, ... electroporation a technique used to deliver molecules ... membrane that are caused by exposing them to ... of cell transfection. (Cell transfection is the introduction ...
Breaking Biology News(10 mins):Keeping stem cells strong 2Single-cell transfection tool enables added control for biological studies 2
... death bed in Alberta has helped map out the animal's ... one species lived, says new research conducted in part at ... me was that the overall pattern of survivorship fits closer ... were expecting," said world-renowned paleontologist Dr. Phillip Currie and professor ...
... unpredictable ways and, because of this, restoration ecologists are ... recent article published in Restoration Ecology, argue that restoration ... in the future They see the largest ... rapid rate of change in the earth's history. ...
... Type 1 diabetes, results from selective destruction of insulin-producing pancreatic ... cells are spread throughout the pancreas and are made up ... a hormone that raises the level of glucose (sugar) in ... article appears in the May 12 issue of The Journal ...
Cached Biology News:Tyrannosaur survivorship -- tough times for teens 2New study reveals signaling pathways required for expansion of pancreas stem cells 2New study reveals signaling pathways required for expansion of pancreas stem cells 3