Vance BIG FRAUD CZAR announcement - $1.4 billion in federal funding withheld

The Centers for Medicare & Medicaid Services (CMS) said it is imposing a six-month nationwide freeze on new Medicare enrollments for hospices and home health agencies as part of a sweeping effort to crack down on fraud within the healthcare system.

"We're announcing that the federal government is deferring $1.3 billion in Medicaid reimbursements from the state of California -- and the simple reason is because the state of California has not taken fraud very seriously," he added.

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