Part B Insider (Multispecialty) Coding Alert
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Whether you launder the money or not, ill-received government health care dollars will always come out dirty.
That’s the conclusion from the trial of a West Virginia physician who fraudulently billed the Medicare and Medicaid programs for pain management services and then transferred the money offshore to avoid paying taxes on it. The doctor’s wife was also convicted of assisting her husband in laundering almost $4 million in healthcare fraud proceeds, a Department of Justice news release indicated.
The physician not only faces 50 months in federal prison, but must forfeit $3.7 million to the government and also make restitution in the amount of $3.1 million to the programs he defrauded, including Medicare and Medicaid.
To read the complete news release about the case, visit www.justice.gov/usao/wvn/news/2013/march/Adams.pdf.
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