FOR IMMEDIATE RELEASE
July 2, 2013
Coalition Highlights Low Cost, High Effectiveness of Recovery Audit Contractor Program Amid Federal Budget Cuts
RACs fill gaps in fraud prevention, yield billions in return on investment
Washington, D.C. – The American Coalition for Healthcare Claims Integrity (ACHCI) today issued a statement following the announcement by the Department of Health and Human Services Office of Inspector General (OIG) that significant staff and budget reductions are on the horizon. The department conceded the cuts will greatly impair its ability to comprehensively combat healthcare waste, fraud and abuse.
“The importance of preserving healthcare integrity programs has never been greater. The loss of dedicated personnel and resources is bound to expose new challenges in the fight against healthcare waste, fraud and abuse. But as funds dwindle, federal lawmakers can rely on Recovery Audit Contractors to continue combating improper payments, while returning billions to the Medicare Trust Fund,” said coalition spokesperson Becky Reeves.
“RACs are cost-effective by design. They present no upfront costs to hospitals or Medicare, and they have proven their efficacy time and again. From 2010 to 2012, RACs increased their recoveries from $75 million to over $2.4 billion in improper payments. As HHS officials brace for impact, our coalition members stand ready to support their fraud prevention efforts and provide continuity through these changes.”
For more information, please visit: www.properpayments.org.