Managed care companies, which represent $2.4 billion of the state’s Medicare budget, are currently investigated by the Florida Department of Financial Services’ Division of Insurance Fraud, according to the report.
The bill, SB 8, would also create a task force within DFS that would advise the state’s CFO on ways to combat fraud. The state’s auditor general would be required to audit the Florida Agency for Healthcare Administration’s Medicaid fraud and abuse program under provisions in the bill, according to the report.
Read the Business Journal’s report on the Florida Medicare fraud bill.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
