Feds recover $4.2B in health care fraud probe

WASHINGTON — The federal government says it recovered almost $8 for each dollar it spent investigating health care fraud over the past three years, including a record $4.2 billion last year.

The $7.90 average return on investment is the highest in the 16-year history of the Health Care Fraud and Abuse Program. Since 1997, the program — a joint effort of the departments of Justice and Health and Human Services — has returned more than $23 billion to the Medicare trust funds.

Overall, the Justice Department opened more than 1,100 criminal health care fraud investigations last year involving 2,148 potential defendants. More than 800 defendants were convicted of health care fraud-related crimes during the year and the department opened nearly 900 new civil investigations.

More in Herald Business Journal

Boeing marks the start of 777X production at Paine Field

It took tax breaks and union concessions to land assembly of the company’s new jetliner in Everett.

Amazon says it received 238 proposals for 2nd headquarters

Forty-three U.S. states, D.C., Puerto Rico, three Mexican states and six Canadian provinces want HQ2.

Amazon leases a southwest Everett warehouse for deliveries

The Seaway Center building is not as big as one of the company’s more typical fulfillment centers.

Health-care consumers need to take the lead, so get smart

David Russian, CEO of Western Washington Medical Group, writes our third essay about fixing health care.

JCPenney partners with EvCC, WSU to assist students

Earlier this month, JCPenney partnered with the Career Service Centers at Everett… Continue reading

Re/Max Elite adds two agents in Lynnwood

Jenelle Dent and Lori DaSilva have joined Re/Max Elite as agents at… Continue reading

Register for Marysville Tulalip Business Before Hours event

The Greater Marysville Tulalip Chamber of Commerce holds its next Business Before… Continue reading

Wells Fargo donates $2,500 to Edmonds Center for the Arts

Edmonds Center for the Arts has received a grant of $2,500 from… Continue reading

More business, more competition for Everett kidney dialysis center

Nonprofit Puget Sound Kidney Centers sees large for-profit competitors enter state market.

Most Read