Francis J. Serbaroli Handling Medicare and Medicaid Audits and Investigations, Part 1
In his Health Law column, Francis J. Serbaroli discusses the increasing number of audits and investigations into the many providers and businesses that receive Medicare and Medicaid funds. He explains how audits and investigations can be triggered, the government agencies and contractors that conduct them, and how they can lead all the way up to the executive suite and the governing board.
May 17, 2021 at 12:45 PM
10 minute read
The media regularly report about how health care costs are rising at an unsustainable rate. Well, here are some of the numbers. According to the federal government's estimates, health care expenditures in the United States are approaching or exceeding $4 trillion per year and account for more than 18% of gross domestic product. In 2019, Medicare spending was $800 billion, and Medicaid accounted for more than $613 billion. In New York state, Medicaid expenditures for fiscal year 2021 are projected to hit more than $80 billion.
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