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AccelerateAR RAC Management

Check our scheduled events page for upcoming RAC Webinars>> 

After taking back almost $700 million (net) during its three-year demonstration program, Medicare plans to have its Recovery Audit Contractor (RAC) program in effect across all 50 states by 2010. In addition to the potential magnitude of the RAC take backs themselves, the RAC program poses several challenges for healthcare providers, including: implementing measures for identifying and limiting exposure to take backs; managing the appeals process when audit notifications are received; and managing and monitoring the results of the audit process.

The Solution

In response, CareMedic offers AccelerateAR RAC Management, a solution based on your actual Medicare claims submissions. RAC Management will help you prevent revenue loss from take backs using specific claim edits to warn billers of potential problems prior to claim submission. It also allows you to analyze historical data to assess financial risk in preparation for a RAC audit and manage the audit process if claims do become the object of a RAC audit.

RAC Management:

  • Allows critical access to historic Medicare payment data
  • Provides claim edits based on known RAC issues
  • Allows you to perform root cause analysis through dashboard reporting
  • Helps you minimize the costs of an audit by providing workflow alerts, reducing the audit-associated manual labor, and tracking reimbursable copy costs incurred during an audit

Why CareMedic RAC Management?
Your RAC audit will involve a significant amount of data retrieval, transfer, tracking, monitoring, meeting deadlines and measuring outcomes. Electronic access to historical Medicare payment data can make a crucial difference in your experience with the audit process. Designed specifically to meet RAC requirements, CareMedic’s solution streamlines and automates many of the manual tasks that could become overwhelming during an audit, and helps you prevent further errors and monitor net results all at the same time.

More about RAC Management:
RAC Management Functions
RAC Management Benefits
RAC Management FAQs
Resource links

Be sure to check our events calendar for upcoming RAC Management Webinars.

Get started now
CareMedic has already compiled information on the RAC-targeted criteria for audits and developed a system designed to help you provide the required information from your paid claims. We built in functionality to address the need to meet critical deadlines, track submission information and costs, analyze the root causes of take backs and enable you to prevent them in the future.

Don’t let a RAC audit consume valuable time and productivity. Find out how CareMedic’s RAC Management solution can help you minimize your workflow burden, provide accurate, timely information and prevent future issues.

For more information, contact us via the Web or call us at 1-800-508-8494.


 “Installation of CareMedic’s revenue management systems MedicareRT produced an immediate and dramatic impact on our Medicare A/R days:  they dropped from 55 to 33.  That translated into roughly 40% improvement in cash flow.  Our secondary billing lag was reduced from almost 30 days to only 2 to 3 days.”

—Jolene Hansen                                     
Billing Manager, Patient Financial Services
Mercy Health Center