Posts Tagged ‘improper payments’
Medicare Improper Payments Fall to Lowest Level in Eight Years
The Centers for Medicare & Medicaid Services (CMS) announced last week that its efforts to reduce improper payments is working. CMS noted that it paid out an estimated $31 billion in improper payments during fiscal year 2018, down from $36.2 billion a year earlier. That’s the lowest level since 2010. CMS noted this is the…
Read MoreAudit: HHS fails to accurately report and prevent improper payments
A recent audit of the Department of Health and Human Services (HHS) to determine if the agency is in compliance with the reporting standards required under the Improper Payments Information Act (IPIA) of 2002 found an ongoing failure by the agency to accurately report and prevent improper payments. The audit, conducted by Ernst & Young…
Read MoreGAO: Government misspent billions on Medicare/Medicaid
Last year, Medicare financed health services for approximately 54 million elderly and disabled beneficiaries at a total cost of $603 billion. Of that, approximately $60 billion went toward improper payments, according to a report issued last week by the Government Accountability Office (GAO) Most of that misspent money, about $45.8 billion, went toward the Medicare…
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