Medicaid Provider Fraud

Medicaid provider fraudWhen we get sick, the first thing that we do is ask for professional help, without even admitting that we might become victims of a Medicaid Provider Fraud. Medicaid providers, as a symbol of care and custody, usually inspire trust and confidence, making us expect that our provider will supply us nothing, but help.

Unfortunately, statistics say that Medicaid Provider Fraud is a well-spread phenomenon among scammers, which steal billions of dollars annually. Moreover, the Federal Government also counts on physicians to submit accurate and truthful claims information, by creating such programs as Medicare, Medicaid, and other health care policies. Let’s have a deeper insight into the concept of this type of fraud and analyze the possible countermeasures.

WHO CAN BE CHARGED WITH MEDICAID PROVIDER FRAUD?

First of all, every member of the health care community (individual, corporation, or other entity paid by Medicaid) can potentially become a scammer, including nurses, nurse aides, nursing homes, pharmacies, ambulance and transportation companies, chiropractors, podiatrists, licensed professional counselors, community care service providers, dentists, hospitals, medical equipment companies, speech therapists and others.

Continue reading

Google Buys Wavii For $30 Million

Google has closed the deal on Wavii, a natural language processing startup, for more than $30 million, the recent Techcrunch article “Google Buys Wavii For North Of $30 Million” says.

Apple and Google were competing for the startup, and Google eventually won.

The companies were in acquisition talks, a definitive agreement has now been signed after the Apple and Google bidding war.

Apple looked for the company which developed its own aggregation technology and natural summarization algorithms for its Siri division.

Continue reading