article thumbnail

Using Compliance Software To Prevent Healthcare Fraud, Waste, and Abuse

MedTrainer

Healthcare fraud, waste, and abuse is a costly problem for both public and private payers. The National Health Care Anti-Fraud Association estimates financial losses due to healthcare fraud could be as much as $300 billion annually. Keep in mind that these are just examples of provider fraud!

Fraud 94
article thumbnail

Understanding FWA Compliance in Healthcare

American Medical Compliance

Among the various areas of compliance, Fraud, Waste, and Abuse (FWA) compliance stands out as a critical pillar. The Department of Justice recently revealed charges against 78 individuals involved in healthcare fraud schemes. In this comprehensive guide, we delve into FWA compliance in healthcare.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Healthcare Fraud Crackdown: Multi-Million Dollar Settlements & Compliance Solutions | Verisys

Verisys

Healthcare Fraud Crackdown! Each month we will give a roundup of recent healthcare fraudsters and compliance busters. Here is a round up of bad actors: Entity Fraud Cardiac imaging company and founder to pay historic $85M settlement Full Story Genomic Health Inc. to Pay $32.5 to Pay $32.5 Secure your success by choosing Verisys.

Fraud 52
article thumbnail

Essentials of Medicare Fraud, Waste, and Abuse Training

Compliancy Group

Maintaining Medicare compliance and avoiding legal and financial repercussions requires Medicare compliance training for employees at all organizational levels. Examples of Medicare fraud include billing for unrendered services and using a billing code or a service that’s more expensive than what a patient received.

Fraud 59
article thumbnail

Everything You Wanted to Know About FACIS, but Didn’t Know to Ask

Speaker: Amy Anderson

Maintaining compliance and safeguarding against fraud and abuse in today’s changing healthcare landscape can be challenging. Verisys innovates compliance by leveraging data to meet specific healthcare needs such as eligibility screening, pre-hire screening, and ongoing monitoring.

article thumbnail

HIPAA Seal of Compliance = Consumer Fraud

Healthcare IT Today

The Federal Trade Commission (FTC) announced a consumer fraud settlement against a company that displayed a ‘HIPAA Compliant’ seal on its website.

Fraud 145
article thumbnail

Your Guide on How to Be a Good Compliance Officer

Compliancy Group

Compliance with healthcare regulations protects patients, safeguards employee safety, and maintains the security of electronic medical records (EMRs) and cyber networks. Ensuring compliance with critical regulations falls on the compliance officer. What Does a Compliance Officer Do?