The Healthcare Savings Chronicle

May 2008 VOLUME 5 ISSUE 3  
This Month's Topic

Fraud, Waste and Abuse

This issue of the Healthcare Savings Chronicle features articles from a few of the companies in the forefront of the healthcare marketplace. We hope you find these articles informative and instructive.

CONTENTS
It's All About the Address!
The Road Ahead:
Doctoring the Books:
Coalition America Update


DISCLAIMER:
Statements or opinions expressed in the articles of this publication are those of the author and do not necessarily represent the views or positions of Coalition America,Inc., The Healthcare Savings Chronicle, its officers, directors, or staff.
It's All About the Address!
www.LodestoneSolutions.com

by Jim Hake
VP General Manager
Lodestone Solutions

Do you ever wonder if the billing addresses you send provider payments to actually end up at the provider? Are you inadvertently sending payments to an airport address or a motel in Reno, NV?


[FULL STORY]
 
The Road Ahead:
New Emphasis on Prevention Key to Reducing Fraud
www.Trizetto.com

by Robert P. McGinley
VP of Detection & Recovery Services
Plan Data Management, Inc., a Trizetto Group Co
and
James McCall
VP of Fraud, Waste & Abuse Services 
The TriZetto Group

Fraud, waste and abuse continue to cast a long shadow over the U.S. healthcare system, despite the best efforts of the federal government, industry groups and individual health plans. Although sophisticated detection tools have emerged over the past 15 years to help payors identify illegal or abusive practices, few would argue that the problem is under control.


[FULL STORY]
 
Doctoring the Books:
Examining the Unethical History of Healthcare Fraud
www.EDIWatch.com

by Russell Streur
Director of Consulting
EDIWatch

On July 30, 1965, President Lyndon B. Johnson signed legislation creating Medicare and Medicaid under Titles XVIII and XIX of the Social Security Act. Medicare was established in response to the specific medical care needs of the elderly (with coverage extended to some people with disabilities in 1973) and Medicaid was established to provide help with the costs of medical care for those on assistance benefits. Critics warned that scam artists, crooked providers and criminal rings would rob the healthcare programs blind. The critics were right. Almost immediately, newspaper exposes and congressional hearings uncovered numerous instances of fraud and abuse within the programs. Government audits described lax oversight and called for increased efforts to detect and prevent the waste.


[FULL STORY]
 
Coalition America Update
Get Real-Time Fraud Detection with the Questionable Provider File
www.CoalitionAmerica.com

Do you know where your medical claim dollars are going? According to Government Accountability Office (GAO) studies, losses to fraud, waste and abuse are 10-20% of all benefit dollars paid.

 

 


[FULL STORY]
 
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Welcome to The Healthcare Savings Chronicle brought to you by Coalition America, Inc. Each monthly issue will focus on one key topic that payors face in the industry today. If you have an idea for a topic that you would like to see in a future issue, please email libbyicks @coalitionamerica.com.
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Archives
March 2008
March 12, 2008
Vol. 5 Issue 2
February 2008
February 12, 2008
Vol. 5 Issue 1
December 2007
December 10, 2007
Vol. 4 Issue 12
November 2007
November 12, 2007
Vol. 4 Issue 11
September 2007
September 10, 2007
Vol. 4 Issue 9
August 2007
August 10, 2007
Vol. 4 Issue 8
July 2007
July 12, 2007
Vol. 5 Issue 7
June 2007
June 12, 2007
Vol. 5 Issue 6
May 2007
May 11, 2007
Vol. 5 Issue 5
April 2007
April 11, 2007
Vol. 5 Issue 4

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