New Medicare fraud detection system saves $115 mil

by Kelli Kennedy

A highly touted new system designed to stop fraudulent Medicare payments before they are paid has saved about $115 million and spurred more than 500 investigations since it was launched in 2011.

Federal health officials who released the report Friday noted the projected savings in future years could be exponentially higher.

But the overall figures are minuscule compared to the estimated $60 billion lost to annually.

With the Obama administration and Congress desperately looking for savings to avoid a budget meltdown, denting fraud has the potential to save billions of dollars.

The $77 million technology system fights fraud similar to the way credit card companies scan for suspicious charges and freeze accounts.

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Feds charge 91 people in $429M Medicare fraud

Oct 04, 2012

(AP)—A federal strike force has charged 91 people, including doctors and nurses, in seven cities with Medicare fraud schemes involving $429 million in false billings.

US charges 91 in wave of health fraud cases

Sep 08, 2011

US authorities have charged 91 people over some $295 million in alleged fraud schemes related to Medicare, the government-run health program for seniors, the Justice Department said.

U.S. officials hunt Medicare fraud

Nov 07, 2006

U.S. federal investigators are hunting incidents of Medicare fraud, using sophisticated computer technology to determine unusual patterns.

New measures planned to fight Medicare fraud

Jan 24, 2011

(AP) -- Federal health officials announced new security measures Monday to combat Medicare fraud, including tougher screenings for providers and the ability to withhold payments during investigations.

Recommended for you

Oncology fellows, clinicians report similar burnout

2 hours ago

(HealthDay)—U.S. oncology fellows may underestimate the workload they will experience once they enter practice, according to research published online July 21 in the Journal of Clinical Oncology.

Tentative deal reached on VA reform

3 hours ago

(AP)—The chairmen of the House and Senate Veterans Affairs committees have reached a tentative agreement on a plan to fix a veterans' health care system scandalized by long patient wait times and falsified records covering ...

Study recommends inmate immunity test

Jul 25, 2014

(AP)—Federal experts are recommending that California test inmates for immunity to a sometimes fatal soil-borne fungus before incarcerating them at two Central Valley state prisons where the disease has killed nearly three ...

User comments