Here’s what you should know.
1. The health department’s computer miscalculated the number of people eligible for a federal match, resulting in the millions in undeserved benefits.
2. The state corrected the computer’s programming.
3. The federal government has yet to request a repayment.
4. The state is creating a proactive $25 million repayment fund.
5. This is the second time an incident of the sorts occurred. In 2016, the state claimed $38 million in Medicaid benefits for unqualified children.
More articles on coding, billing and collections:
How Mark Cuban would replace the ACA and fix the U.S. healthcare system
The 4 secrets to scaling your business
Humana raises executive salaries nearly 90% — 5 things you need to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
