Jeff Drummond Quoted in 'The Dallas Morning News' on Medical Identity Theft
The articled discusses the risk of medical identity theft through hackers and stolen electronic devices or ID numbers. Jeff said stolen IDs can be used to create a dummy clinic billing Medicare or commercial insurance plans for healthcare never delivered. “They can bill a bunch of fake claims and then evaporate,” he said.
In Texas last year there were 20 incidents of privacy breaches, many of which involved a lost or stolen laptop or data storage device. The estimated amount of healthcare fraud ranges from $80 billion to $230 billion a year nationally.
Jeff’s areas of experience include representing hospitals and other healthcare providers, physicians and physician groups, research organizations, laboratories, and managed care entities, such as HMOs, PPOs, IPAs, and PHOs, in mergers and acquisitions of healthcare entities, formation and dissolution of corporations and partnerships, development of joint ventures (including ambulatory surgery centers and physician-owned hospitals), negotiation and formation of managed care networks, private placement of and tender offer for securities, and the issuance of over $2 billion of healthcare and tax-exempt financings. He regularly advises clients regarding compliance with healthcare, pharmaceutical, and tax exemption laws and regulations. He received his B.A., cum laude, from the University of Dallas and his J.D. from the University of Texas School of Law.