Feds dock NY's Beth Israel $13M for 'turbocharging' Medicare
Beth Israel Hospital will pay the federal government $13 million for fraudulently inflating bills to Medicare, in a settlement that provides a rare glimpse into financial decision-making among hospital executives. Federal prosecutors alleged that Beth Israel abused a system of "outlier payments." The complaint characterized billing at Beth Israel as "turbocharging," with the hospital dramatically increasing the price tag for various services, when costs were increasing only modestly. Between 1996 and 2003, inpatient costs for treating Medicare patients grew by 10 percent, while charges to Medicare soared by 200 percent.
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- CA Powers Up $80M HIE to 'Create Value in the Data'