Replies to post #80628 on Biotech Values

[jbog]

OT Apljack

How many physicians are blatant scam artists who operate unlicensed shops who try to fleece their patients with unnecessary treatment soley for the purpose of generating revenue.

In Miami alone $2 billion dollars of medicare fraud has been uncovered since 2005!!!

The Justice Department yesterday unsealed criminal indictments against 53 people for allegedly bilking the Medicare system, the latest step in a wide-ranging effort to prevent fraud that costs the federally funded health program billions of dollars each year.

Federal agents arrested dozens of people in Miami and Detroit for allegedly submitting Medicare claims for $50 million in treatments that were unneeded and sometimes never provided, authorities said


"""""Miami has seven teams of prosecutors, FBI agents and federal auditors looking very hard for Medicare scams. Since the precursor to that strike force was set up in 2005, more than 700 people have been charged with fraudulently billing Medicare more than $2 billion in the Miami area, and $350 million has been recouped, Sloman said.""""""