This weekend MCC Founder & CEO John Bright had the opportunity to meet with Senator Cornyn in Austin, Texas.
Senator Cornyn has served as the United States Senator for Texas since 2002 and was the Republican Senate Majority Whip, the second-highest ranking position in the Senate Republican Conference, for the 114th and 115th Congresses. Senator Cornyn is a member of the Senate Finance Committee which has a far-reaching jurisdiction, making it one of the most powerful and influential committees in the Senate. The committee oversees all programs under the Social Security Act including Medicare & Medicaid.
MCC was able to highlight how the RemitOneTM technology can help to prevent billions in improper payments made by the Centers for Medicare & Medicaid Services (CMS) each year thereby protecting the integrity of the Medicare Supplementary Medical Insurance (SMI) Trust Fund. A report from the Government Accountability Office (GAO) found that insufficient documentation accounts for the vast majority of improper payments, which cost the Medicare trust fund $23.2 billion in 2017 alone. On top of that, 74.1% of the 2020 Part B improper payments were due to missing or inadequate records.
Our team at info@mccremitone.com is always available to share how healthcare payors can utilize RemitOneTM to reduce improper payments, relieve provider burden, and improve the accuracy and completeness of clinical documentation – all while enabling physicians to provide quality, patient-focused care.
To learn more about MCC and RemitOne, you can view our documentary segment that aired on CNBC here: https://www.mccremitone.net/r1video/MCC_03.mp4.
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