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False Claims Act Update & Alert |
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Taxpayers
Against Fraud Education Fund | Washington, D.C. |
WWW.TAF.ORG
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n TAF Home Page n Previous Newsletters n Email editor
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 Massive
FHA Fraud on HorizonThe subprime mortgage lenders and brokers that helped create the current financial crisis have a new game: pushing government-backed FHA loans. Mortgage Finance, a research firm in Bethesda, Md., estimates that over the next five years $100 billion or more in new FHA loans will go sour. What is FHA doing to get ahead of the problem? According to Business Week, notthing; officials seem oblivious to what is happening or incapable of stopping it. >> To read more |
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 Bureaucrats Costing MillionsSince 2004, CMS has shelled out at least $200 million for prescription drugs that have not been reviewed by the FDA and which have been implicated in dozens of deaths. What's going on? Simple: Though the FDA and CMS are in the same Federal agency (HHS) CMS does not have a program in place to toss out bills submitted for non-FDA approved drugs. Sen. Charles Grassley, R-Iowa, has asked the HHS Inspector General to investigate >> To read more |
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 Mining
a Fraud SeamAnthony Kite, a hospital consultant has been "mining the seam" on outlier fraud. So far, Mr. Kite has reached a settlement of $1.9 million against St. Vincent Health System, a $1.75 million against St. Joseph Healthcare, $3.85 million against Cooper University Hospital, $7.5 million against Warren Hospital, $2.5 million against Bayonne Medical Center, $5.3 million against Cathedral Healthcare, and $7.5 million against Raritan Bay Medical Center. >> To read more |
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 Judge
says CMS Can Stop Paying Suspected FraudstersU.S. District Judge Paul Huck says Medicare can suspend millions of dollars in payments to dozens of home healthcare providers in Miami-Dade that are suspected of overcharging for diabetic and other services. Medicare has already suspended payments to the top 10 home healthcare agencies in Miami-Dade County who were paid a combined total of $139 million by Medicare in 2007. >> To read more |
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