fraud

The Recovery, Accountability, and Transparency Board (fondly known as RAT) was originally created by the American Recovery and Reinvestment Act of 2009 (ARRA) to provide transparency of ARRA-related funds and detect and prevent fraud, waste, and mismanagement of those funds. Later the RAT Board's authority was expanded to include oversight of all federal funding. Mr. Beltz has worked for the public sector for over three decades, mostly in law enforcement as a “detective and reconstructionist.” Mr.

The U.S. was projected to spend $3.1 trillion dollars on healthcare generating billions of claims from healthcare service and product providers every year. Medicare alone accounts for something on the order of $635 billion in annual spending.

Okay, so we weren’t going to publish a Round Up this week since several of us are on vacation, but here are three stories I didn’t want to sit on since they are long and you might want to read them during leisure moments during your holiday vacation!

On Monday, June 13, in a 4-minuteYouTube message to the American people, the President sat next to a stack of Federal Registers to highlight the steps he taking to take to get rid of “pointless waste, stupid spending.”  

A majority of the country, and virtually the entire Federal Government, now uses the Internet to do business, learn about programs, shop, talk to friends, and engage in a host of other activities.  Some 2 billion people around the world engage in online commerce that will soon exceed $10 trillion; individuals place their information and trust in the many large and small businesses that provide services over the web.  In order to operate online, both the sender and the recipient have to trust what each other is doing. 

Simply put, Blockchain is a type of distributed ledger that can be likened to bookkeeping, where transactions are recorded as “blocks” and any modifications or related transactions are also recorded and linked creating a connected “chain”. This provides a unique opportunity to address pressing issues government organizations face, such as transparency, fraud detection, and efficient and improved services.

Transparency

Greg Greben, Vice President and Client Group Leader, Federal Civilian & Healthcare Agencies, IBM Global Business Services, authored this article

Greg Greben, Vice President and Client Group Leader, Federal Civilian & Healthcare Agencies, IBM Global Business Services, authored this article.

Last week's blog defined fraud, waste, and abuse (FWA), described many successful FWA federal programs, and outlined some of the costs associated with FWA. This continuation will address government challenges; define cognitive counter-fraud, waste, abuse; and discuss next steps.

According to the “Head Count” in today’s Washington Post, President Obama has filled 293 (56.9 percent) of his 515 Senate-confirmed positions. Curiously, one position the Washington Post does not track is the Comptroller General of the United States.