Wednesday, August 23, 2006

$151.5 Million Medicaid Reimbursement Settlement in North Carolina

A civil settlement agreement requiring the repayment of $151.5 million to the federal government was consummated in Raleigh, North Carolina.  According to the three U.S. Attorneys for North Carolina, this represents one of the largest recoupments in state history.  The settlement agreement follows a 2 year investigation into the state's use of the Medicaid Reimbursement Initiative.
 
Over-payments to the state and the hospitals were determined to be the result of a number of interrelated factors, including the use of an overly-aggressive plan to obtain the maximum amount of federal health care dollars by the State, a number of significant accounting errors and the failure of State officials to insure timely cost settlements.
 
Read More from the Department of Justice Press Release: http://charlotte.fbi.gov/dojpressrel/2006/ce081806.htm

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