Robert Andrew Smoley (Aka B Andrew Smoley) Speaks out About Medicaid Fraud - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 6, 2015 Newswires
Share
Share
Post
Email

Robert Andrew Smoley (Aka B Andrew Smoley) Speaks out About Medicaid Fraud

ReleaseWire

Robert Andrew Smoley (aka B Andrew Smoley) spoke about the on-going problems with Medicaid fraud in the healthcare system. During a by-invitation only healthcare event, Robert Andrew Smoley focused an important part of his presentation on the huge, uncontrollable costs that Medicaid fraud continues to represent in the U.S. healthcare system.Miami, FL -- (SBWIRE) -- 08/06/2015 -- Robert Andrew Smoley (aka B Andrew Smoley), a recognized leader in the healthcare technology space, discussed the high level of fraudulent activity in Medicaid services. While there has been a significant number of reports detailing the crack down on Medicare fraud, there have been very limited discussions on the rise of Medicaid fraud, which is only expected to grow with the expansion of Medicaid as result of Obamacare. State governments already lose billions of dollars annually on medical services that are fraudulently billed to their State-run Medicaid programs.

Discussing with reporters, a representative of Robert Andrew Smoley said, "Medicaid fraud must be brought under control before the public totally loses confidence in their governments' ability to manage the system. As more states expand Medicaid services, the opportunity for both patients and doctors to commit fraud also grows. Fraud within Medicaid costs taxpayers billions of dollars each year. Even more, it costs the government the faith of the people who expect it to detect and stop fraud in its tracks. " He further added, "Doctors are billing for services that were never rendered, or not to the right person, trumping up costs and altering records to get more money from the system. Similarly, Medicaid patients also commit fraud by doctor shopping, letting relatives and friends use their Medicaid cards, and gain access to services and medicines to which they are not entitled to. "

Smoley emphasized that the adoption of new technologies is critical and must be a priority when considering ways to reduce the level of fraud. In fact, Smoley has been an innovator in this area through his role as a Strategic Advisor to MedicFP, a company that provides fraud prevention solutions to prevent healthcare insurance fraud before services are rendered. One of the critical areas of preventing Medicaid fraud is identity validation and presence confirmation (two of the key services of MedicFP). Most Americans do not realize that the identity of patients are never validated in any systematic fashion. As long as you have a Medicaid, Medicare or other private pay insurance card in your possession, you can potentially gain access to medical services given the current absence of identity verification. In fact today, healthcare fraud is currently only identified after services have been rendered, usually referred to as the "Pay-and-Chase" strategy. Unfortunately, according to estimates by the U.S. government, less than half of the mere 10% identified via the "Pay-and-Case" methods of fraudulent activity is caught, and that process involves a significant amount of legal and administrative costs. If fraud is detected and prevented at the time of service, this would not only save tremendous investigative resources, but also substantially reduce the levels of Medicaid, Medicare and private pay insurance fraud.

Robert Andrew Smoley has extensive experience in the healthcare industry, particularly with healthcare technology. While he is recognized for his leadership in telemedicine as the founder of MDLive (a cloud based service helping users to interact with health care professionals and board licensed therapists via a smart app on their computer or phone), he is now playing a pivotal role in the healthcare fraud prevention space as a Strategic Advisor to MedicFP. B Andrew Smoley served as Chief Executive Officer of MDLive from 2006 to 2011. Robert has also assisted many companies that combine conventional services with disruptive, cutting edge technologies.

About Robert Andrew Smoley (aka B Andrew Smoley) Robert Andrew Smoley began his career as an attorney and later started a number of successful companies over the past thirty years. Smoley also worked as a trial lawyer and was admitted to the Florida Bar in 1978. In 1985, he was personally sworn in by Chief Justice Earl Warren to become a member of the United States to present cases before the Supreme Court Bar. Robert was also elected the Mayor of North Bay Village, Florida, and became one of the youngest elected mayors in the United States and he served from 1976 to 1982. From 2006 to 2011, he served as CEO of MDLive (an online company that provides access to board-licensed therapists and doctors using cloud technology).

Contact Information:
Contact Person: Joseph Infante Contact Number: 305-600-2466
Email id: [email protected]
Website: http://robertsmoley.com
http://southfloridaentrepreneursdigest.com
http://businessleadersreview.com
Address: 2665 South Bayshore Drive, Ste 220, Miami, Fl 33133For more information on this press release visit: http://www.sbwire.com/press-releases/robert-andrew-smoley-aka-b-andrew-smoley-speaks-out-about-medicaid-fraud-614676.htm

Media Relations Contact

Joseph InfanteTelephone: 305-600-2466
Email: Click to Email Joseph Infante
Web: https://about.me/robert_smoley

Older

County health insurance to see increase

Advisor News

  • SEC nears settlement with accused scammer Tai Lopez
  • The 3 things that shrink your Social Security income
  • Proposed legislation takes aim at Social Security shortfall
  • The overlooked retirement security risk that must be addressed
  • What advisors should know about hedge funds in retirement planning
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • Trademark Application for “EMPOWER YOUR MONEY” Filed by Empower Annuity Insurance Company of America: Empower Annuity Insurance Company of America
  • Built-in guaranteed annuities: What advisors should know
  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
More Annuity News

Health/Employee Benefits News

  • An Application for the Trademark “THE HARTFORD” Has Been Filed by Hartford Fire Insurance Company: Hartford Fire Insurance Company
  • Data on Colon Cancer Reported by Researchers at Tokyo University of Science (Association between Low-Dose Aspirin Use and Colorectal Cancer Incidence Using Japanese Large-Scale Health Insurance Claims Data): Oncology – Colon Cancer
  • Research Conducted at University of Queensland Has Provided New Information about Disability and Health (Vertical and Horizontal Equity In Support for Children With Disabilities: a Cross-sectional Analysis of Australia’s National Disability …): Health and Medicine – Disability and Health
  • Pennsylvanians are dropping health coverage through Pennie, citing higher plan costs as the number one reason
  • Public worker health plans poised for another year of premium hikes
More Health/Employee Benefits News

Life Insurance News

  • AM Best Revises Outlooks to Stable for Missouri Farm Bureau Group’s Members and Farm Bureau Life Insurance Company of Missouri
  • Globe Life Inc. (NYSE: GL) Highlighted for Surprising Price Action
  • AM Best Assigns Credit Ratings to China Ping An Insurance (Hong Kong) Company Limited
  • Reliance Matrix Expands Employee Navigator Integration with New Evidence of Insurability (EOI) API Enhancement
  • How AI is changing the insurance claims process and what it means for accident victims
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet