Extrapolation: How $1.4 Million Becomes $42 Million
By Frank Cohen, Director of Analytics and Business Intelligence
As originally published by Racmonitor.com
What’s the difference between $1.4 million and $42 million?
Well, before you get your calculators out, let me make this really easy. If you are like me, the difference is $40.6 million.
If you base your calculation on common core, however, it’s, well, wherever it leads you, as long as you try. But for the government, the answer is $0. That’s right – for the U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG), there is no difference between $1.4 million and $42 million, when extrapolation is used. And in the case of Mount Sinai Health System in New York City, it wasn’t “used,” it was “abused.” And here is my reasoning behind that opinion.