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Fraud, Waste, and Abuse impact us all
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Fraud, Waste, and Abuse impact us all – when healthcare professionals or any person engages in healthcare fraud, waste, and abuse, it affects us all, as ultimately, it is the members collectively, who bear the brunt in the form of increased monthly contributions as schemes try to mitigate the effects of the losses suffered. It is society’s collective responsibility to report irregularities/cases of fraud, waste, and abuse.
Medscheme, a subsidiary of the AfroCentric Group, is the largest health risk management services provider and is among the leading medical scheme administrators in South Africa, with more than 3.8 million lives under management. It is said that fraud, waste, and abuse account for 3 – 15% of the global estimate of healthcare spent. (other sources note 5% - 20%) - R22bn - R28bn.
Fraud savings would include both direct recoveries (cash back in the bank) as well as drop-in billing behaviour (rehabilitation) of providers previously investigated.
Medscheme Forensics has calculated a saving exceeding R3billion in drop-in billing behaviour for schemes represented.
Direct savings exceed R800 million over the past 5 years.
#HealthierTogether
Medscheme, a subsidiary of the AfroCentric Group, is the largest health risk management services provider and is among the leading medical scheme administrators in South Africa, with more than 3.8 million lives under management. It is said that fraud, waste, and abuse account for 3 – 15% of the global estimate of healthcare spent. (other sources note 5% - 20%) - R22bn - R28bn.
Fraud savings would include both direct recoveries (cash back in the bank) as well as drop-in billing behaviour (rehabilitation) of providers previously investigated.
Medscheme Forensics has calculated a saving exceeding R3billion in drop-in billing behaviour for schemes represented.
Direct savings exceed R800 million over the past 5 years.
#HealthierTogether
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