Missouri Firm With Silicon Valley Ties Faces Medicare Billing Scrutiny

The same steep growth and use of big data that attracted venture capital cash to firms that administer Medicare Advantage plans have led to scrutiny of the firms by government officials. Federal audits estimate such plans nationwide have overcharged taxpayers nearly $10 billion annually.

A federal audit and a whistleblower lawsuit allege Medicare Advantage plans from the St. Louis-based Essence Group Holdings Corporation have significantly overcharged taxpayers.

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Lauren Weber