Archive

May
07

The Silver Lining of Extending the ICD-10 Deadline

There is no question that the recently proposed rule that would delay implementation of ICD-10 by one full year will add dollars to what is already estimated to be one of the most costly implementations in the history of the …

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Apr
30

Medicaid Eligibility to Expand: Ready or Not, Here They Come

If current economic conditions continue, Medicaid enrollment will likely remain at record levels until 2014, when the healthcare reform-driven coverage expansion will then swell the rolls even further. The current health care proposals before Congress would make Medicaid available to …

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Apr
23

Tip of the Iceberg

How many times have you heard the expression “the tip of the iceberg” when referring to fraud, waste and abuse in health care? We hear this expression several times each day. If 3 to 10 percent of health care spending …

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Feb
16

The ICD-10 – Fraud Friend or Foe?

Fraud, waste and abuse costs you and I over $700 Billion annually, which equates to almost one third of total healthcare spend. Unfortunately, only about 5 percent of these dollars lost to fraud are ever recovered, mainly because providers have …

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Oct
18

Swimming with the Sharks

A remora is a fish that is fairly easy to find. But when you see one you know something else much more dangerous is close by—sharks. One of the more interesting functions of good social network analytics modeling is to …

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Oct
11

The Shifting Tide of Health Care Fraud and Abuse

Health care fraud and abuse affects some of the biggest companies and governmental agencies in the country – those with budgets and businesses measured in multi-billion dollar numbers.  Ironically the big news headlines seem to always have to do with …

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Posted in Fraud, Waste and Abuse, General | 1 Comment
Sep
20

What They Didn’t Know Hurt Them

In the article “Prison Sentence for Insider Crimes,” Tracy Kitten highlights the insidious nature of crimes committed by employees. So much attention is being focused on outside threats—hacking, claims fraud, ID theft—that we tend to slack off our internal monitoring duties.

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Aug
17

Back from a short break…sort of

So I’ve been slightly busy the last few weeks travelling for speaking engagements and writing articles. The good news is I’m back. The bad news is…health care fraud is still a serious issue. While on the road the subject most commonly discussed is how can the fight against fraud improve and my answer has remained consistent – deploy better technology.

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Jun
27

The Meaning Behind the Numbers and How They Relate to Health Care Fraud

Last week I put out a few key numbers without explaining what they represent. As Promised—this week I am providing the answers!

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Posted in Fraud, Waste and Abuse, General | 1 Comment
Jun
20

What Do These Numbers and Letters Mean to You and How Do They Relate to Health Care Fraud?

1949
1976
10/1/2013
14k–69k
3.8k–72k
GEMS
$5.5 B–$13.5B
1.6%

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Jun
09

Who’s on First?

The following entry was a collaborative effort between myself and Greg McFaul.

Who doesn’t recall Abbott and Costello’s classic “Who’s on first?” baseball parody?

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Jun
03

There Are Some Lists You Just Don’t Want to End Up On!

This week one of our directors, Greg McFaul, asked to share his thoughts on the latest list published by the Office of the Inspector General. I think you’ll find the following post quite insightful…enjoy!

Some time ago (okay, a long time), my dad once told me, “Son, there are some lists you want to be on, and some you don’t.” I knew what the “good list” meant: the Dean’s List, being picked to play on some team and, of course, Santa’s nice list. Intuitively, I also knew that the other list was the “not nice” list and, certainly, no gifts would be involved.

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May
25

Right Patient, Right Treatment, Right Time

This week I invited my colleague Pam Jodock to contribute to the blog, the following thoughts are top of mind for her.

Much has been made of the current Administration’s commitment to improving the cost and quality of health care in the U.S., while at the same time ratcheting up efforts to combat fraud, waste and abuse (FWA). It’s estimated, however, depending on who you believe that more than $60-$200 billion is wasted on improper payments every year.

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May
11

Managing Health Care Data: Privacy vs. Transparency

There are a number of articles today about senators picking up on the Wall Street Journal’s lawsuit to open up all Medicare data for analytics. When politics and the media get involved in health care policy, as we have seen every day for the last few years, it can be hard to separate the baby from the bath water. As an information services provider, we are acutely aware of data security and privacy. We have over 30 billion public documents in our database as well as some of the country’s leading experts on data privacy and security working to make sure we stay well ahead of what is merely required.

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May
04

Social Network Analytics: Its Role in the Identification and Prevention of Health Care Fraud

In discussing Social Network Analytics (SNA) with our customers, SNA is often confused with social networking applications such as Facebook, Twitter or LinkedIn. Far from social networking, SNA is as an advanced analytic tool that allows payers—both commercial and government—to combat fraud, waste and abuse in a broader and more transparent way than traditional approaches have previously allowed.

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Apr
26

Enterprise Fraud Control: Overcoming the Hurdle of Hurdle Rates

When I spoke at HIMSS, a friend of mine who is a consultant stood up and asked a question about how “hurdle rates” are affecting how health care organizations are making buying decisions. I thought, “Hurdle rate? What’s a hurdle rate?” Turns out hurdle rates are a business school type of term for the minimum rate of return on investment (ROI) on a project that an organization is willing to accept before financing it. The hurdle rate is usually determined by evaluating the risks and potential returns of the project itself and the opportunity cost of forgoing other projects.

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Apr
11

ACOs – Can’t we all just get along?

The right patient, getting the right care, at the right time, paid for by the right payer, once.

The goal of an ACO is to coordinate care in order to eliminate the unnecessary and duplicative services inherent in our traditionally fragmented model of health care delivery. All of the patients, doctors and caregivers are involved in designing the plan of care, which is expected to reduce the incidence of unnecessary and/or duplicative treatments or services. Facilitated by technology and risk sharing, ACOs are intended to create a shared sense of responsibility for patient outcomes with each member of the medical team having a financial stake in a successful outcome.

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Mar
24

Fraud and the Quality of Care

It’s always interesting to talk to someone from a different side of the house. I had lunch today with a gentleman that’s been in the health IT world pretty much as long as there’s been a health IT world, about 30 years. He’s spent most of this time on the delivery side of the house – hospitals, medical devices – and now is right in the middle of the EHR/HIE puzzle.

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Mar
15

A Moment of Reflection

Though it is a sad fact, the truth is that times like this put things in perspective. As people we wish we could halt natural disasters, like the earthquake and tsunami that affected Japan. While that cannot happen, through our words, actions and prayers, we can offer comfort, hope and survival to those affected by tragedy. Incidents of this magnitude remind us that regardless of where live, we are all human and need global support from those near and far. At LexisNexis our prayers are with the families, relief workers and volunteers dedicating themselves to the restoration of Japan and more so with those who are suffering through this tragedy.

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Mar
08

The Green Space Between the Lines

The U.S. Government Accountability Office (GAO) announced last week that roughly $48 billion of Medicare’s $507 billion budget in 2010 went to fraudulent or improper payments. In the same article, it was also noted that increased efforts towards the prosecution of Medicare fraud have netted the government $4 billion in recoveries in 2010, by far the most ever.

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Feb
24

A HIMSS11 Recap

I speak at a lot of conferences and that didn’t do much to dull the WOW effect of walking onto the exhibit floor at HIMSS11. There were “booths” here that are ten times the size of the average Starbucks. In fact, there were booths that actually had their own Starbucks. Seriously. Estimates are that almost 31,000 people are in Orlando participating at HIMSS11.

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Feb
18

It’s the Most Wonderful Time of the Year

For most of the healthcare industry, HIMSS is the most wonderful time of the year. With over 30,000 attendees, HIMSS is the largest Health IT conference on the planet and it offers the best opportunities for education and networking in the industry.

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Feb
07

EHRs and CDS Technologies Don’t Work?

Good thing there weren’t researchers around to decide surgery didn’t work a few hundred years ago before meaningful progress was made.

A new Stanford study, Electronic Health Records and Clinical Decision Support Systems: Impact on National Ambulatory Care Quality, coauthored by Randall S. Stafford, MD, PhD, and Max J. Romano, finds that the benefits of EHRs, even when supported by CDSs, are not that great.

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Jan
31

Fraud Crackdown Netted $4 Billion Last Year

Last week CNN Money reported that a health care fraud crackdown netted $4 billion last year. In order for the government and commercial payers to continue preventing, identifying and eliminating fraud, waste and abuse it is critical that the industry change the way health care fraud is detected and investigated. Implementing fraud risk control measures and utilizing new technologies will fundamentally change the way health care fraud is investigated. Please view this video to hear more about how the health care industry can get better results by changing the way it approaches fraud investigations.

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Jan
18

The Hill reports momentum building for Congressional Review Act challenge to Medical Loss Ratio provisions

The Hill recently reported that Republican Conference Secretary John Carter (R-Texas) is trying to build momentum for a Congressional Review Act (CRA) challenge to the Medical Loss Ratio (MLR) provisions of the Healthcare Reform Act that require insurers to spend at least 80 percent of their premium dollars (85 percent in the large-group market) on “healthcare services.”

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