Topic: Data Inflation

2 chapters across the catalog

WWX
Episode 1651 1:55:51 - 1:57:52

1651: WWX

Bureau of Labor Statistics Data Leak, Super Users

The Bureau of Labor Statistics is under fire following reports that a government economist shared non-public inflation data with a group of "super users" in the finance industry. This early access to sensitive economic data potentially allowed Wall Street firms to make millions in trades. The New York Times reported on the regular contact between the agency and financial insiders.

Noodle Nation
Episode 1250 23:56 - 27:23

1250: Noodle Nation

Nursing Home Data Inflation and Medicare Fraud

Reports from MedPage Today highlight significant inaccuracies in the CMS database regarding COVID-19 deaths in nursing homes. An 80-bed facility in Saugus, Massachusetts, was incorrectly listed as having nearly 800 cases, while a New Jersey facility was listed with 753 deaths despite having only 90 beds. These discrepancies suggest that national data may be inflated by a factor of ten, potentially linked to Medicare reporting errors or fraud.