National Report Long Term Acute Care Hospital Fraud Day: History, Facts & Insights

This is an in-depth look at all the must-know facts about National Report Long Term Acute Care Hospital Fraud Day (2024) 🗓️ that no one tells you about. National Report Long Term Acute Care Hospital Fraud Day is observed on October 2nd.

Among the information you’ll find below: the history of National Report Long Term Acute Care Hospital Fraud Day, activities to do on and how to observe this holiday, as well as fun facts you should know about National Report Long Term Acute Care Hospital Fraud Day.

📅 What day is National Report Long Term Acute Care Hospital Fraud Day 2024?

In 2024, National Report Long Term Acute Care Hospital Fraud Day is on Monday, October 2nd. It is the 1st Monday in October; in 2024, it is Wednesday. There are until the next observance. You also can discover all fascinating details and facts about October 2, 2023, that you might not be aware of.

Since 2017, National Survey Long Term Acute Care Hospital Fraud Day has been observed on October 2. It was established by The Hesch Firm, L.L.C. with the aim of raising awareness among the public about the extent of Medicare fraud. This holiday provides specific instructions for reporting Long-Term Care Fraud (L.T.C.H. fraud). As Medicare fraud impacts all Americans and approximately 10% of Medicare funds are misused in this illegal activity, it is imperative that we familiarize ourselves with and actively combat L.T.C.H fraud.

📜 National Report Long Term Acute Care Hospital Fraud Day History

According to the Office of Management and Budget, Medicare had approximately $6.7 billion in improper payments related to evaluation and management in 2010. In 2006, Adam Resnick, a healthcare entrepreneur, filed a lawsuit under the False Claims Act against Omnicare, a major supplier of drugs to nursing homes, and others involved in their illegal kickback practices. In November 2009, Omnicare agreed to pay $98 million to the federal government to settle five whistleblower lawsuits under the False Claims Act. Joel D. Hesch, a former employee of the Department of Justice’s whistleblower reward office, founded The Hesch Firm, L.L.C. and established Long Term Acute Care Hospital Fraud Day in 2017. Hesch has helped the government collect $1.5 billion from Medicare fraudsters and has facilitated the payment of substantial whistleblower rewards. After working in government for 15 years, he now assists fraud whistleblowers in filing their lawsuits and exclusively focuses on allegations of government fraud, specifically Long Term Acute Care Hospital (L.T.C.H.) fraud, on behalf of whistleblowers across the country.

✅ National Report Long Term Acute Care Hospital Fraud Day Facts

🔖 Health-care fraud is a crime
Michigan’s Medicaid False Claims Act makes healthcare fraud a punishable offense.

🔖 There’s a whistleblowing reward
The government provides rewards to individuals who expose wrongdoing within the healthcare industry.

🔖 It’s expensive
The National Health Care Anti-Fraud Association estimates that healthcare fraud causes a financial loss of approximately $68 billion annually in the United States.

👍 Why Is National Report Long Term Acute Care Hospital Fraud Day Important

Medicare fraud is a serious problem that costs taxpayers billions of dollars and jeopardizes the health of recipients. Teaching the public how to report healthcare fraud is a fantastic way to combat fraud and abuse.
Reporting Medicare fraud helps protect and preserve medical practice integrity. It causes medical institutions to sit up and take notice of unscrupulous doctors.
When the word “fraud” is spoken, many people instantly think of tax evasion. This day promotes awareness about the widespread impact of hospital and healthcare fraud, which is a widespread problem in the country.

🙂 How To Observe National Report Long Term Acute Care Hospital Fraud Day

⚡ Share information online

⚡ Visit Hesch’s website
You can either visit Hesch’s website or download his free e-book on Medicare fraud. These resources provide valuable information on L.T.C.H. fraud, various Medicare fraud schemes, and the whistleblower program of the Department of Justice.

⚡ Report Medicare fraud
Caring is shared! Inform your friends and family about Medicare fraud so that you can assist others. Medicare fraud, after all, affects everyone.

📅 When is National Report Long Term Acute Care Hospital Fraud Day?

Discover all 🔗 October holidays, including 🔗 Cause and other 🔗 Awareness holidays.

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