Friday, July 16, 2010

More Payment Cuts coming soon

This time, the cut are not official but through the auditor saying you don't need to charge this or that. Expect longer turn around in payments and more payment cuts. The 60 billion is going to some hospital or practice. It is not coming out of thin air!

CQ Healthbeat: Senators Thursday also urged Medicare officials to do more to stop the up to $60 billion a year that goes out the door in improper payments in the program. "CMS officials are in the process of implementing provisions in the health care overhaul that will broaden auditing efforts aimed at reducing fraud. Congress also sent President Obama additional legislation Wednesday aimed at reducing improper payments in federal agencies. But CMS also needs to finish fixing vulnerabilities found by the Government Accountability Office (GAO) in its system, senators and experts said" (Adams, 7/15).

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