fraud news from FierceHealthFinance
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Why we cheated: Former HealthSouth CFO spills the beans in new book
HealthSouth's $2.8 billion fraud began like so many corporate scandals do; with a desire to please Wall Street. So says HealthSouth co-founder and former CFO Aaron Beam in his new tell-all,... Read more...
One third of U.S. healthcare costs are due to by errors, poor communication
The U.S. healthcare system wastes up to $850 billion annually--one third of the entire nation's healthcare costs--due to administrative inefficiency, unnecessary treatment, medical errors, fraud and... Read more...
Blues see $350M gain from anti-fraud investigations
It's not just CMS getting down and dirty to fight fraud: A new report from the Blue Cross and Blue Shield health plans says that the group recovered almost $350 million last year through anti-fraud... Read more...
Women over 45 more likely to commit fraud, embezzlement
To combat fraud and embezzlement in your organization, be aware: women over the age of 45 are most likely to such acts. This includes everything from taking office supplies to stealing checks,... Read more...
Miami docs, medical workers charged with Medicare fraud
Six Miami-area residents, including three doctors, were indicted last week on charges of conspiracy to commit healthcare fraud. The doctors were all part-owners of Midway Medical, a facility that... Read more...
HealthSouth gets $100M settlement from UBS
An Alabama court has approved a settlement under which HealthSouth Corp. will receive a $100 million payout from UBS, settling allegations that the investment bank helped former HealthSouth... Read more...
ALSO NOTED: MN health plans post '07 loss; Judge revokes bail for NCFE execs; and much more...
> Minnesota health plans posted a collective loss in 2007, which could mean that their premiums will rise faster in the future. Read more...
