Management Best Practices

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]

External Audits

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]

10 Health Information Management Best Practices For External Audits

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]

15 Health External Audits Procedures

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]

Health Information Management

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]

How to Prepare For External Audits

For FY2024, the Centers for Medicare & Medicaid Services (CMS) has requested $937 million for Health Care Fraud and Abuse Control (HCFAC) funding across its agencies. Of those requested funds, $238 million is earmarked for Recovery Audit Contractor (RAC) audits, a 14% increase from the FY 2023 approved budget.  The burden on hospitals and health systems […]