Tag Archives: money

South Shore Hospital Overcharged Medicare

  By jellybellyhoo | March 28, 2011 - 7:43 pm |
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Auditors have reported that South Shore Hospital overcharged Medicare by around $341,000. The money will be reimbursed by the hospital.

WEYMOUTH —

South Shore Hospital is reimbursing the federal Medicare program for about $341,000 after federal auditors discovered nearly 250 billing or coding errors that created overpayments to the hospital.

The inspector general’s office at the U.S. Department of Health and Human Services sent a final report on the agency’s audit to the hospital earlier this month. The errors were discovered when auditors from the agency visited the Weymouth hospital last August and September to comb through records of claims from 2008 and 2009 that would be particularly susceptible to Medicare billing errors.

The auditors focused on a sample of 389 claims that could be susceptible to errors, and found 249 claims in that group with mistakes. The errors led to overpayments to the hospital totaling about $341,000 over the two years, the agency said.

South Shore Hospital spokeswoman Sarah Darcy said the hospital made internal improvements to prevent similar errors and… continue reading

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January Experiences Little Impact from Tax Cut

  By jellybellyhoo | March 3, 2011 - 5:21 pm |
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The tax cut that was supposed to help the economy has made little impact in January. Consumers did not increase their spending as much as economists were predicting.

A Social Security tax cut that economists say should help the economy this year is off to a slow start. Consumers increased their spending last month at the weakest pace since June, even with the extra money in their paychecks.

Some people may be using the additional money to pay down holiday credit card bills or higher gas prices, analysts said. And harsh weather may have deterred some people from shopping in January.

Personal finance experts say the real test of the tax cuts impact will come this spring, when the Easter holiday sales begin.

Still, consumers increased spending by only 0.2 percent in January, the smallest gain since June, the Commerce Department said Monday. At the same time, their incomes rose 1 percent — the biggest jump in nearly two years and a reflection of the tax cut.

The increased income is part of an… continue reading

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Iowa Man Gets Jail Time for Social Security Fraud

  By jellybellyhoo | February 21, 2011 - 6:23 pm |
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A man in Iowa has been sentenced to 90 days in jail for Social Security fraud. The man lied about his income and other monetary funds.

SIOUX CITY – A Okoboji man has been sentenced to 90 days in prison for defrauding Social Security.

William Arneson, 57, received the sentence Jan. 28 after pleading guilty to a charge of concealing and failing to disclose information to the Social Security Administration about his income and other monetary resources.

At the guilty plea hearing, Arneson admitted that he knew he had money available to him that would impact his eligibility for Social Security benefits. He knowingly concealed or failed to disclose that information to the Social Security Administration, and he intended to defraud the administration into paying him more benefits than he was entitled to.

In addition to the prison term, Arneson was ordered to complete 100 hours of community service, pay a $100 special assessment and make $27,956.76 in restitution to Social Security. He must also serve a three-year term of supervised release after completing the… continue reading

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