tci Medicare Compliance & Reimbursement - 2009 Issue 7

RED FLAGS RULE: No Red Flags Program? You Could Be Losing Thousands

Tip: Institute your Red Flags program ASAP. You may think the government is implementing the Red Flags Rule in the distant future -- but the Federal Trade Commission (FTC) will begin enforcing it on May 1 -- and it can't come soon enough for some practices. Under the Red Flags Rule, your practice will be required to spot the "red flags" that can signal identity theft. Just last week, a Long Island medical office employee was charged with stealing patients' identities from medical files and using the information to go on a spending spree.Point of contention: In preparing...

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