JD Supra August 20, 2021
Fraud, waste, and abuse are three little words that have impacted the rising cost of healthcare in a way that’s anything but little. Now, most are probably aware that U.S. health expenditures are growing at a rapid rate, and have been for many years. And while there are many reasons that resulted in the healthcare industry closing out 2020 with a whopping $3.8 trillion tab – ‘fraud’ is a five-letter word that can account for about $60 billion of it. So with an issue this common and costly, how can patients and providers help to stop it?
What is it?
Now, you’ve probably heard of fraud, waste, and abuse before and can associate each of them with nothing but bad...