The Healthcare Billing Fiasco: A Rather Convenient Opportunity
I must confess, when news broke that the US Department of Justice was launching a criminal probe into UnitedHealth, my first thought wasn’t one of shock. It was a weary sigh. It seems that whenever vast sums of public money are involved, someone, somewhere, will eventually be tempted to fudge the numbers. The allegation, in simple terms, is that the healthcare giant was telling the government its patients were sicker than they actually were to pocket higher payments. A classic case of creative accounting, if you ask me.
But while one behemoth faces a rather uncomfortable reckoning, a fascinating ripple effect is creating opportunities for the shrewd investor. Chaos, after all, is a ladder. And right now, the rungs are made of compliance software and competitor market share.