In the past year, New Jersey has recovered more than $116 million believed to have been fraudulently billed to the state Medicaid program, according to a Forbes report.
The state's rate of Medicaid fraud has increased, as it found nearly one-third more improper Medicaid payments in the fiscal year ending June 30 than it did the year prior. Approximately half of the recovered money went back into New Jersey's budget, while the other half was returned to the federal government, which splits the cost of Medicaid with the states.
One of the year's largest recoveries was the $25 million from Horizon NJ Health, part of the Blue Cross Blue Shield family, according to the report.
Read the Forbes report on New Jersey and Medicaid fraud.
Related Articles on Medicaid Fraud:
Quest Diagnostics Accused of Overbilling Medicare, Medicaid by at Least $1B
New York Legislature Passes Medicaid Fraud Bill That Would Ease Burden on Providers
HealthSouth Subpoenaed Over Allegations of Improper Medicare, Medicaid Reimbursement
The state's rate of Medicaid fraud has increased, as it found nearly one-third more improper Medicaid payments in the fiscal year ending June 30 than it did the year prior. Approximately half of the recovered money went back into New Jersey's budget, while the other half was returned to the federal government, which splits the cost of Medicaid with the states.
One of the year's largest recoveries was the $25 million from Horizon NJ Health, part of the Blue Cross Blue Shield family, according to the report.
Read the Forbes report on New Jersey and Medicaid fraud.
Related Articles on Medicaid Fraud:
Quest Diagnostics Accused of Overbilling Medicare, Medicaid by at Least $1B
New York Legislature Passes Medicaid Fraud Bill That Would Ease Burden on Providers
HealthSouth Subpoenaed Over Allegations of Improper Medicare, Medicaid Reimbursement