NAPERVILLE, Ill., Oct. 7 Viant, Inc. today announced thatthe company has been notified by the Centers for Medicare & Medicaid Services(CMS) that it was not selected to serve as a recovery audit contractor in thenational rollout of the Medicare Recovery Auditing Contractor (RAC) Program.CMS has advised the company that contracts were awarded in the four RACregions to the lowest contingency fee bidder that satisfied CMS's minimumtechnical requirements, with no single bidder being eligible for a contractaward in more than one region. The company understands from CMS that itreceived one of the highest technical scores, but was not awarded a contractbecause it ultimately did not have the lowest contingency fee bid in anyregion.
About Viant, Inc.
Viant provides healthcare payment solutions through primary andsupplemental networks, integrated network and contract management, specializedcost containment strategies and post payment recovery services focusing ontimely, accurate and equitable payment for providers, payers and patients.
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