News From Around the Web
> Responding to Medicaid Recovery Audit Contractor activity in dental programs, the American Dental Association and the American Academy of Pediatric Dentistry called for a collaboration among the Centers for Medicare & Medicaid Services, organized dentistry and state Medicaid dental programs to develop standardized auditing procedures that are "transparent, fair, consistent, and statistically sound," according to the American Dental Association. Article
> Waiving health insurance copayments and deductibles may constitute fraud in some states, according to Medical Economics. Article
> A former business partner of the man who inspired the film "The Wolf of Wall Street" has been sued for alleged Medicaid fraud involving a telemarketing scheme to sell beneficiaries unnecessary medical equipment, Reuters reported. Article
Health Finance News
> Hospitals, struggling to cut costs without compromising care, now have a way to uncover inefficiencies with a "waste index" that provides tips on how to save money, The Wall Street Journal reported. Article
> As the drug shortages in hospitals continue, so do the costs. Hospitals spent $229.7 million a year between 2011 and last year on costs related to drug shortage according to Premier, Inc. Article
And Finally... Steer clear of Grand Rapids, Mich., if you're easily annoyed. Article