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No estimate on amount of money lost to fraud in Medicare: CMS
Modern Healthcare

The CMS has no estimate of how much federal money is lost to fraud in the Medicare program most plagued with improper payments, and the agency’s top integrity official was unable to tell lawmakers when they might see such a number.

The first healthcare fraud hearing in this Congress by the Finance Committee’s Financial and Contracting Oversight Subcommittee focused on durable medical equipment because the CMS reported in February that two-thirds of the roughly $10 billion Medicare spent on the program were “improper” payments.