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NewsNew Jersey med school agrees to $8.3 million kickback settlement with DoJ
In yet another chapter of a history dogged by questions of corruption, the University of Medicine and Dentistry of New Jersey (UMDNJ) has agreed to pay the federal government $8.3 million to settle Read more...
Another exec leaves scandal-ridden NJ med schoolThe University of Medicine and Dentistry of New Jersey (UMDNJ) has seen another top administrator leave in the wake of ongoing questions over alleged financial fraud. A week before he was due to retire, associate dean for academic and student affairs Paul Mehne has been relieved of his duties and placed on paid administrative leave amidst yet another investigation into the school's purported financial misdealings. Early last year, New Jersey Governor Jon Corzine dismissed the school's … Read more...NJ charity care program faces fraud, wasteAccording to a new report by state investigators, a New Jersey program designed to help the poor and uninsured get emergency care is being sapped by waste and fraud due to poor oversight by hospitals and state officials. The state currently pays hospitals a portion of the cost of emergency care for some 300,000 poor state residents with no health coverage. This year, the program should spend $583.4 million on charity care, partly drawing on funds from federal sources. The problem is that … Read more...NY overpays providers by $26MA new audit by the New York Department of Health has found that the state's Medicaid program overpaid providers by almost $26 million over a five year period. The problems occurred, auditors found, because controls within the Department's electronic claims processing system were not being used, and what's more, that the clinics weren't following the state's Medicaid billing guidelines. The payments, which took place from 2001 through 2006, went to clinic services for hospitalized Medicaid … Read more...NJ hospital plans private-to-public conversionHoboken, NJ-based St. Mary's Hospital isn't in great shape. It lost almost $100 million over the last five years and seldom fills more than half of its 328 beds. Worse, as the oldest hospital in the state, it needs millions of dollars worth of upgrades and renovations. But when the hospital's owner, Bon Secours Health Care System, said it would close St. Mary's, state legislators worked out a plan to keep it afloat by funneling in state funds and turning over operations to the city. The … Read more...Federal Medicaid match limit blocks growthA new study suggests that the federal government's formula for calculating its share of Medicaid matching funds has a significant flaw that undermines the program. Because Medicaid upper payment limit matching funds for hospitals are based on fee-for-service payments, rather than capitated arrangements, states paying capitations can lose millions in upper payment limit funds, according to a study by The Lewin Group. The report, which was funded by the Medicaid Health Plains of … Read more...UMDNJ faces corruption falloutOfficials at the state's University of Medicine and Dentistry of New Jersey (UMDNJ) continue to struggle with the fallout from a massive corruption scandal. This week, a federal monitor concluded that the school ad billed Medicare and Medicaid almost $36 million and paid $5.7 million in illegal fees to physicians since 2002, stating that illegal activity continues "to this day." Monitor Herbert J. Stern found that the school had given several cardiologists no-show teaching jobs at a … Read more...St. Barnabas to pay $265M for Medicare fraudSt. Barnabas Health System, the largest healthcare network in New Jersey, has agreed to pay a $265 million settlement to resolve fraud charges brought by federal prosecutors. The health network--which employs 5,000 doctors, operates 10 hospitals and runs a network of clinics and nursing homes--is the state's largest Medicare biller. A federal audit found that St. Barnabas systematically overcharged the government by as much as $500 million over a ten year period between 1995 and … Read more...ALSO NOTED: Boston Scientific CMO to depart; Drop in profits at Medco; and much more...> McKesson released so-so numbers for the first quarter, with revenues up 12 percent but profits down 15 percent. But provider technologies are another story, with the unit reporting a revenue gain of 30 percent. Article > Chutes & Ladders: Boston Scientific chief medical officer Mary Russell is resigning. Russell played a key role in the development of the company's Taxus … Read more...ALSO NOTED: Former VA secretary gets gov contract;Study refutes prison-HIV link; and much more...> Former Bush administration VA Secretary Anthony J. Principi, now the CEO of medical services company QTC, stands to benefit from a billion dollar contract his company signed with the government during his tenure, The Los Angeles Times reports. Article > While a high number of inmates in U.S. prisons have HIV, few of them contract the disease while in jail, a new … Read more... | Press ReleasesVerizon Grants Help Speed Heart Attack TreatmentSTAT-MI Uses Smart Phones to Transmit ECGs from Ambulance to Cath Lab NEWARK, N.J., Dec. 21, 2010 /PRNewswire-USNewswire/ -- Heart attack patients can receive life-saving treatments more quickly Read more >> University of Medicine & Dentistry of New Jersey Chooses Stockell Healthcare to Deploy Patient Access/Revenue Cycle InformationST. LOUIS, April 8 /PRNewswire/ -- The University of Medicine & Dentistry of New Jersey (UMDNJ) has contracted with Stockell Healthcare Systems, Inc., for the implementation and support of their Read more >> |
