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  5. ›RAC (Recovery Audit Contractor)

Awarded contract·Oklahoma Health Care Authority·Oklahoma

RAC (Recovery Audit Contractor)

Won by Health Management Systems$300kAwarded 6/1/2013Single Award
Contract source

Awarded vendors

  • Health Management Systems

Description

This contract awards Health Management Systems the role of Recovery Audit Contractor (RAC) to perform audit and recovery services for Medicare/Medicaid claims on behalf of the Centers for Medicare & Medicaid Services. The RAC program is designed to identify and recover improper payments, improve compliance, and reduce future waste, fraud, and abuse in federal health programs. The award was finalized on June 1 2013 following a competitive bidding process that closed on November 26 2012. The contract’s total annual value is $300,000, indicating a modest‑scale engagement focused on targeted audit activities. • Agency: Centers for Medicare & Medicaid Services (HHS) • Vendor: Health Management Systems • Scope: Conduct recovery audits of health‑care claim payments, report findings, and assist in recouping overpayments • Value: $300,000 annual budget • Award status: Awarded after competitive solicitation

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
11/26/2012
Intent to award
6/1/2013
Awarded
6/1/2013
Starts
6/1/2013

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618

Contract value

$300,000

The documents explicitly state a “total_annual_contract_value” of $300,000. Because no multi‑year term is identified, the best estimate for the contract’s overall worth is the annual figure itself, i.e., $300,000. If the contract were to run for multiple years, the total would be a multiple of this amount, but lacking that information the $300K figure is the most reliable estimate.

AI estimate from the award documents

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