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Two months after sending a memo to federal prosecutors across the country, the Department of Justice (DOJ) has finalized changes to the United States Attorney's Manual (USAM), which solidifies its new approach to prosecuting individuals involved in white collar crime.
Twenty-eight people, including a federal claims examiner, have been arrested in Dallas for allegedly participating in what authorities are calling a "sprawling" healthcare fraud scheme involving workers compensation claims.
Half of the top 10 management and performance challenges identified by the Office of Inspector General in fiscal year 2015 have fraud, waste and abuse implications, according to a report released Tuesday.
A new task force announced by the West Virginia U.S. Attorney's Office will rely on data analytics to uncover healthcare fraud schemes.
Predictive analytics is the hot new buzzword in healthcare. Now, it is changing the way payers to identify instances of fraud, waste and abuse. Increasingly, both public and private payers are turning to data analytics to identify high risk fraud trends, said Andrew Asher, senior fellow and director of data analytics at Mathematica in an exclusive interview with FierceHealthPayer: AntiFraud. However, payers like Aetna are gradually realizing the full impact of using healthcare claims data to accurately predict fraud schemes.
The state of Virginia spent between $21 and $38 million covering ineligible Medicare recipients in 2014, according to a state watchdog agency.
Federal and state investigators are targeting compounding pharmacies for fraudulently billing Tricare, leading four Florida pharmacies to pay a combined $12.8 million in settlments last month, according to the Wall Street Journal.
Medicare Part D has been in effect for nearly 10 years, but it has accumulated a staggering list of deficiencies when it comes to fraud, waste and abuse. Most notably, the Centers for Medicare & Medicaid Services does not require Part D sponsors to report fraud, making it difficult to determine how much waste exists within the program. In an editorial for Forbes last week, Merrill Matthews, a resident scholar with the Institute for Policy Innovation in Dallas, described how Medicare Part D should be the posterchild for efficiency because of its low improper payment rate. But Matthews fails to acknowledge the pervasive vulnerabilities the Office of Inspector General and others have identified within the Part D program that have made it a target for fraud and abuse.
In a recent Wall Street Journal editorial, attorney Hank B. Walther asks why Medicare can't take the same approach to fraudlent claims as credit card companies do to questionable charges.
The shakeup continues for Philidor Rx Services LLC, which has dominated headlines over the last several weeks for its questionable relationship with pharmaceutical giant Valeant.
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