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Tag : Fraud

Error Rate Drops, but Medicare Still Lost $31.6 Billion to Preventable Billing Errors in FY2018

Error Rate Drops, but Medicare Still Lost $31.6 Billion to Preventable Billing Errors in FY2018 Prepayment claim reviews could stem this loss and add billions back into the federal budget  Washington, D.C. (November 20, 2018) – The Centers for Medicare and Medicaid Services (CMS) has released the latest data pertaining to the Medicare Fee-for-Service (FFS) billing error rate. The agency reports that during the 2018 fiscal year, although the error rate dropped from 9.5% to 8.1%, this still resulted in […]