OIG targets hospitals for accurate vendor-rebate reporting
Health Care Auditing Strategies, July 1, 2007
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If you peruse the OIG audit-report notifications that appear frequently in your e-mail inbox, you might have noticed a significant trend-that the OIG is auditing hospitals for improper vendor-rebate reporting. Although it's not one of hospitals' biggest risks, finding out whether your facility is compliant with federal regulations and guidance regarding the reporting of vendor rebates is something worth checking out, says Stephen A. Miller, JD, chief compliance and privacy officer with Capital Health System in Trenton, NJ. "Vendor rebates end up being an issue of discounts and arrangements between hospitals and their vendors," Miller says. "And how that discount is reported is a cost-reporting issue, as well as an issue under the anti-kickback statute."
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