Recovery Audits

Recovery audits are reviews conducted by organizations or government agencies to identify and correct overpayments, duplicate payments, or billing errors in healthcare, government contracts, or other financial transactions. They examine records and transactions to ensure accuracy and compliance with rules, recovering funds that were paid incorrectly. The goal is to prevent overbilling, improve financial accuracy, and save money for the payer, whether a government program or private company. Essentially, it's a thorough check to make sure payments are right and to recover any funds paid in error.