fraud

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fraud

[frôd]
Etymology: L, fraudare, to cheat
(in law) the act of intentionally misleading or deceiving another person by any means so as to cause him or her legal injury, usually the loss of something valuable or the surrender of a legal right resulting from the action of that person on the misrepresentation.

fraud

Managed care The intentional misrepresentation or deception resulting in payment(s) for services not rendered or payment above that normally paid. See Medicaid fraud, Medicare fraud Patient care Dishonest practice; breach of confidence. See AIDS fraud, Health fraud. Cf Misrepresentation.

fraud

(frawd)
An act of deliberate deception performed to acquire an unlawful benefit, such as the improper coding of health services in a claim for payment.

fraud

(frawd)
An act of deliberate deception performed to acquire an unlawful benefit.
References in periodicals archive ?
This market is segmented and forecast on the basis of components and deployments of the fraud detection systems market in the Asian region.
8220;By redeploying our powerful fraud detection software suite for these evolving threats,” Uhland said, “we can provide banks and credit unions with the cross-channel fraud detection they need at a cost they can afford.
For a demonstration of SQN's fraud detection software, contact Rachel Woodman, SQN Banking Systems' Director of Sales & Marketing, at 484-961-0490, or by emailing her at rwoodman@sqnbankingsystems.