CMS: Medicare Advantage received $16.6B in improper payments in 2023

(By Rylee Wilson for Becker’s Hospital Review)

CMS paid Medicare Advantage organizations an estimated $16.6 billion in overpayments in fiscal year 2023, CMS reported Nov. 15.

The estimated payment error rate in MA, or Medicare Part C, was 6.01% in fiscal year 2023, according to a CMS fact sheet. The error rate was lower than in fee-for-service Medicare, where the payment error rate was 7.38%, or $31.2 billion. Continue reading here…

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org .