Question

What impact does the student anticipate that RAC programs have on corporate compliance programs?

  1. What impact does the student anticipate that RAC programs have on corporate compliance programs?

Homework Answers

Answer #1

RAC -Recovery audit contractor was made to identify and recover improper medicare payments.

Corporate compliance programmes are to ensure an organization works according to the rules and regulations. The programme is to assist providers and agents to have good internal control

The impact of RAC is that it can detect and correct the past improper payments so that the CMS or MACs can prevent the future improper payments. They also assess the medical necessity and whether they received billed home health services and durable medical equipments. So its impact and acceptability is more than any corporate compliance programs.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Why do you think that healthcare fraud and abuse is such a significant problem? What mechanisms...
Why do you think that healthcare fraud and abuse is such a significant problem? What mechanisms would you implement to ensure that staff members are encouraged to report suspected or actual compliance violations? What impact does the student anticipate that RAC programs have on corporate compliance programs?
Which high-risk area associated with fraudulent billing practices do you think is the most problematic? Describe...
Which high-risk area associated with fraudulent billing practices do you think is the most problematic? Describe the role of the HIM professional in supporting an effective compliance program. How does the AHIMA Code of Ethics (covered in chapter 2) guide a HIM professional in this role? Why do you think that healthcare fraud and abuse is such a significant problem? What mechanisms would you implement to ensure that staff members are encouraged to report suspected or actual compliance violations? What...
All federal financial assistance programs have specific compliance requirements. Which of the following is not an...
All federal financial assistance programs have specific compliance requirements. Which of the following is not an example of general compliance requirements for such assistance programs? The eligibility of individuals or groups to participate in the assistance programs. The allowability of costs for certain types of goods or services that may be acquired. Maximum dollar amounts of expenditures incurred. Matching fund requirements by the government entity receiving the assistance.
What is the role of the administrator in the corporate compliance program.
What is the role of the administrator in the corporate compliance program.
Create a mock corporate compliance and risk management plan: You have been tasked with creating a...
Create a mock corporate compliance and risk management plan: You have been tasked with creating a corporate compliance and risk management plan for a small, rural public community hospital. In a minimum of 1000 words, discuss the steps you would take to create the plan, what specific areas you feel should be covered based upon the demographics of patients being served and how your plan will ensure patients are receiving quality care.
What impact does technology have on negotiations?
What impact does technology have on negotiations?
How does tax reform impact the relationship between the sole proprietorship and corporate tax rates (in...
How does tax reform impact the relationship between the sole proprietorship and corporate tax rates (in terms of which is higher)? Have the organization incentives been changed as a result of tax reform?
Identify at least one tax law change for 2018 (U.S.) you think will have significant impact...
Identify at least one tax law change for 2018 (U.S.) you think will have significant impact on current corporate tax compliance and explain why.
What impact does a lower fertility rate have on the labour force participation rate? What impact...
What impact does a lower fertility rate have on the labour force participation rate? What impact would you expect an increase in the divorce rate to have on the labour force participation rate? 8 marks
What impact does the value of a country's currency have on pricing?
What impact does the value of a country's currency have on pricing?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT