History of healthcare and the False Claims Act |
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Let’s take a brief look at the meaning and birth of the False Claims Act, or qui tam statute.
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Unfortunately, Medicare fraud is big business. Illegal, yes, but big business nonetheless. The US Office of Management and Budget says “improper payments” made by Medicare in 2010 amounted to more than $47.8 billion. That represents almost 10% of the $528 billion total Medicare spend that year. In the current era of shrinking budgets and unbalanced budgets, the US simply cannot afford to allow this level of fraud.
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