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Markets

Medicaid Prods States for Greater Scrutiny on Autism Therapy Spending

Medicaid is pressing state governments to tighten oversight of autism spectrum disorder therapies due to a dramatic five-fold increase in spending since 2021. This surge in expenditure, which far outpaces new diagnoses, has raised serious red flags concerning potential over-prescription of treatments and instances of fraudulent billing within the crucial health program, prompting a call for enhanced state-level monitoring.

8/5/2026

Markets

Federal Authorities Indict Nevada Doctor in $95 Million Healthcare Fraud Scheme

A Nevada wound care physician, Dr. Stephen Dubin, has been federally indicted for allegedly orchestrating a $95 million healthcare fraud. He stands accused of billing Medicare and private insurers for medically unnecessary, expensive 'skin substitute' treatments on elderly patients. Prosecutors contend Dubin used the substantial illicit profits to finance a lavish lifestyle, including acquiring multiple yachts, rather than genuine patient care.

8/5/2026