Abstract: THE ROLE OF FORENSIC ACCOUNTING IN HEALTHCARE FRAUD INVESTIGATIONS
This research explores the role of forensic accounting in healthcare fraud investigations, aiming to understand its impact on detecting fraudulent activities, quantifying financial losses, and supporting legal actions. A survey research design was used, involving 300 respondents from healthcare institutions in Lagos, selected using Taro Yamane's formula. The survey instrument's reliability coefficient score was 0.89. Findings reveal that forensic accounting is crucial in identifying healthcare fraud, accurately quantifying financial losses, and providing essential evidence for legal actions. The study recommends that healthcare organizations incorporate forensic accounting into their audit processes and regularly train their staff on detecting and preventing healthcare fraud.
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