Medicare & Medicaid

Banner finished 2014 with $8.8 billion in total assets.

This year alone, prevention and enforcement efforts recovered $3.3 billion from individuals and companies that attempted to defraud federal health programs serving seniors, persons with disabilities or those with low incomes.

The audit, for years 2011 and 2012, covered $48 million in Medicare payments to the hospital for 7,506 claims potentially at risk for billing errors.

Changing the bids could take as long as two years.

Clinics allegedly sought reimbursement for injection treatments, physical therapy treatments and other medical items and services not ordered by doctors.

Association finds 48 rural hospitals have closed since 2010, the majority in Southern states, and 283 others are in trouble.

Unless Congress takes action by the end of this month, doctors who treat Medicare patients will see a 21 percent payment cut.

Owners are also charged with wire fraud for allegedly filing fraudulent applications for relief relating to the explosion and fire which occurred on the Deepwater Horizon oil rig in April 2010.

Vague statement by Joint Committee claims lawmakers are working on a replacement, though no details are released.