A Principles and Practices Board Issue Analysis

This issue analysis provides accounting guidelines for healthcare finance leaders who must respond to RAC audits and adjustments, including the following situations:

  • A healthcare entity receives a notification of RAC audit adjustments.
  • A healthcare entity suspects it may have billed for and/or been paid for services that are potentially non-reimbursable.
  • A healthcare entity is concerned about potential RAC adjustments for issues that have not yet been identified.
  • A healthcare entity receives notification of a RAC audit adjustment recovery.

The issue analysis also contains a helpful Q&A section that provides detailed answers to specific RAC accounting questions.


Publication Date: Wednesday, June 16, 2010