06/16/2012    

HEALTHCARE NEWS

Lawmakers Rip Waste in Anti-fraud Programs

Senators criticized the “mind-boggling” waste in Medicaid anti-fraud programs that cost $80 million more than they recovered, as the Obama administration identified five steps to address the problem.

At a Thursday hearing, members of the Senate Homeland Security and Government Affairs Federal Financial Management Subcommittee criticized the recently revealed finding of the Government Accountability Office that from June 2007 through February 2012 the CMS paid fraud contractors at least $102 million, but they found less than $20 million.

Source: Rich Daly, Modern Healthcare [6/14/12]