Healthcare Losses High Amid Antifraud Efforts

Blue Cross Blue Shield Saves $228M in Anti-Fraud Efforts

Blue Cross and Blue Shield Plans say that their anti-fraud efforts delivered savings and recoveries of nearly $228 million in 2004. Overall, government and law enforcement officials estimate that healthcare fraud at as high as $90 billion a year, the companies reported. More information can be found at http://releases.usnewswire.com

The News section of the Coalition Against Insurance Fraud Web site provides updates on recent insurance fraud cases and trends. It can be found at http://www.insurancefraud.org/stats_set.html.

Have questions? I’m here to help.

Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement Uncategorized
About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >

Reed Tinsley, CPA for Physicians