$100+million audit finds $20 million in Medicaid fraud . . . Costs exceed results?
than it has recovered in overpayments, a government investigation found.
Since 2008, the government has spent $102 million on its Medicaid audit
program, which has only identified less than $20 million in overpayments,
according to a report released Thursday by the Government Accountability Office.
The report found that close to two-thirds of 1,550 audits of state records were
characterized as “unproductive” by the GAO, as they identified $7.4 million in
possible Medicaid overpayments since 2008.
Peter Budetti, the Centers for Medicare & Medicaid Services' director of
program integrity, told Bloomberg News that audits conducted by 10 contractor
companies have been discontinued, while the remaining five contractors will be
dropped or reassigned.
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