Thursday, December 29, 2005

U.S. Monitor to Oversee Largest Health Care School in Nation

The New York Times reports:
Trustees at the University of Medicine and Dentistry of New Jersey today appointed a federal monitor to oversee its troubled financial management to avoid federal prosecution for Medicaid fraud that would have shut it down.

University officials agreed to the federal monitor last week after a threat from United States Attorney Christopher J. Christie that he would prosecute the school criminally for intentionally overbilling the Medicaid program by millions of dollars if the board did not allow federal oversight.
Do you like how the Times refers to it as "troubled financial management"? Eat you heart out Enron.You don't think the Times editorial page will write editorials day after day about the evils of Medicaid fraud?? I expect Gail Collins and crew will still call for the expansion of Medicaid for all.It's funny because the supporters of Medicaid and Medicare expansion always talk about health insurance company ineffeciences(wasting money on marketing and advertising).Is Medicaid and Medicare fraud a much bigger dollar amount than marketing and advertising in the private health insurance market?? It has to be.