Monitor Recovery Audit Contractors (RAC) Audits
When it comes to Recovery Audit Contractors (RAC), where is your facility? The long awaited Recovery Audit Contractors (RAC) announcement was published October 6, 2008. Although the Centers for Medicare and Medicaid Services (CMS) has announced a short delay in beginning these audits, a specific timeframe has not been confirmed and therefore hospitals need to be diligent in preparation.
IatriTRAC monitors RAC audits real-time so users are able to extract or display MEDITECH data including payment totals and other elements. You can also track all events surrounding ongoing appeals and follow-up. The ability to report or scan important RAC documents at the patient account level is also available. IatriTRAC is listed on the American Hospital Association (AHA) RAC vendor list.
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