Posts Tagged ‘ medical fraud ’

A billion dollar crime that needs an urgent response

According to Ponemon Institute’s Second Annual Survey on Medical Identity Theft, we estimate that more than 1.49 million Americans have been targeted by this crime. With an average cost per victim of $20,663 the total national economic impact of medical identity theft crimes is more than $30 billion.[ READ MORE ]

Consumers yawn at healthcare fraud

Today's headlines trumpet yet another high-profile medical data breach, this time through Health Net. This corporate catastrophe reminds us of the increasing hazard of medical fraud, which is the most expensive and time consuming to resolve of all types of identity theft . The second annual National Study on Medical Identity Theft, fielded by the Ponemon Institute provides further insight into this pervasive problem and how it affects consumers.[ READ MORE ]

Stopping healthcare fraud with tools used in other industries

Tweet A few weeks ago I discussed a few preventative measures a healthcare business can implement to protect itself from the damages of medical fraud.  However, the fight against medical fraud requires support from many groups, including the U.S. Government.  Bringing new tools to the fight, the Obama Administration recently announced aggressive new measures it [...][ READ MORE ]

What a healthcare business can do to prevent medical fraud

Tweet Medical fraud is occurring at an alarming rate and is expected to cost the US healthcare system $100 billion a year.  Medical fraudsters vary in their sophistication and range from organized crime organizations to individuals preying on senior citizens.  For example, one crime syndicate stole the identities of doctors and thousands of patients to [...][ READ MORE ]