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Viant Statement on the CMS Recovery Audit Contractor Award

NAPERVILLE, Ill., Oct. 7 /PRNewswire/ -- Viant, Inc. today announced that the company has been notified by the Centers for Medicare & Medicaid Services (CMS) that it was not selected to serve as a recovery audit contractor in the national rollout of the Medicare Recovery Auditing Contractor (RAC) Program. CMS has advised the company that contracts were awarded in the four RAC regions to the lowest contingency fee bidder that satisfied CMS's minimum technical requirements, with no single bidder being eligible for a contract award in more than one region. The company understands from CMS that it received one of the highest technical scores, but was not awarded a contract because it ultimately did not have the lowest contingency fee bid in any region.

About Viant, Inc.

Viant provides healthcare payment solutions through primary and supplemental networks, integrated network and contract management, specialized cost containment strategies and post payment recovery services focusing on timely, accurate and equitable payment for providers, payers and patients.

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