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Feds bust up $26 million Medicare fraud rings

Federal investigations have uncovered Medicare fraud schemes totalling $26 million. In one case, owners and employees of four medical suppliers based in California and Nevada allegedly billed... Read more...

Organized crime getting deeper into medical identity theft

Medicare and Medicaid fraud is nothing new--but the extent to which these programs are being bilked by hard-core criminal organizations is. As we've reported here previously, evidence continues to... Read more...

JPMorgan: Medical equipment makers will have a tough year

JPMorgan analyst Michael Weinstein says that the instability of U.S. hospitals and the slowdown of equipment purchases will continue to drag down the a number of companies until next year. Hospitals... Read more...

Trend: RFID tracking being adopted more frequently

It started with RFID chips on infants to prevent kidnappings. Now electronic identification is progressing in many hospitals to include equipment, staff, and even patients. Some people fear that this... Read more...

Hospitals piling up nuclear waste

Hospitals go through radioactive material--a lot of it, in fact--but industry leaders seldom pay much attention to the problem. Generators of such material include radioactive cesium isotopes and... Read more...

Medicare fraud cuts disputed by IG

In 2006, CMS said that it had managed to cut the level of Medicare fraud by billions of dollars, and basked in the praise of lawmakers who commended the agency's good stewardship. The problem: the... Read more...

Rush Medical ships unused supplies overseas to needy hospitals

Rush Medical Center has decided that it will do something with the unused medical supplies that otherwise would end up in a landfill. Working together, staff and medical students collect unused... Read more...