Fraud report for today

What would you do with $14.9 million? Would you buy a mansion on a lake, take a trip around the world and stay at every five-star hotel you could find, or would you put this small fortune in the bank and watch it grow? An article in Crain’s Detroit Business describes the case of three men who reaped nearly $15 million from a scheme they set up to falsely bill Medicare.

The story states that over a three-year time period, a physical therapist, a physical therapy assistant and a medical school graduate involved four home health care companies in their scheme to bilk the government benefits program of $14.9 million for services that were never provided. One of the companies hired unlicensed physicians to visit patients, provide them with prescriptions and collect their Medicare number to bill for unnecessary home health care services. (Did I mention that these fraudsters paid kickbacks to patient recruiters including cash and access to narcotic prescriptions?)

Read More Here