Jan 31

Healthcare Losses High Amid Antifraud 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.

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 →