---
title: FinCEN Advisory on Healthcare Fraud Schemes
description: FinCEN's Advisory highlights the rise in healthcare fraud post-COVID-19, urging financial institutions to report suspicious transactions and identify red flags.
---

[Banker's Compliance Consulting Blog ](https://blog.bankerscompliance.com/en)

# [FinCEN Advisory on Healthcare Fraud Schemes](https://blog.bankerscompliance.com/en/fincen-advisory-on-healthcare-fraud-schemes)

 Written by [Kevin Edwards](https://blog.bankerscompliance.com/en/author/kevin-edwards) | Apr 21, 2026 1:14:59 PM

On March 30th, FinCEN released an Advisory ([FIN-2026-A001](https://www.fincen.gov/system/files/2026-03/FinCEN-Advisory-Health-Care-Fraud.pdf)) urging …*financial institutions to be vigilant in identifying and reporting suspicious transactions potentially related to health care fraud schemes targeting Medicare, Medicaid, and other Federal and state health care benefit programs.*

The Advisory notes that healthcare-related fraud increased dramatically following the COVID-10 pandemic. Between 2020 and 2025, BSA reporting on health care fraud went up 330% and in 2025 alone there were 3,800 SARs filed with SAR field 34(g) “Healthcare/Public or Private Health” marked.

The Advisory also provides a few case studies as well as 24 red flags for this type of activity.

FinCEN requests that financial institutions reference this Advisory in SAR field 2 (Filing Institution Note to FinCEN) and the narrative by including the key term “HCF-2026-A001” and select, as applicable, SAR field 34(g) (Healthcare/Public or Private Health Insurance) and any other applicable check box.

Kevin discussed this Advisory during our April [AML/CFT Membership Group](https://lp.bankerscompliance.com/kevin-edwards-leading-the-way-on-aml-cft) meeting.

 

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Published 2026/04/21

[View full post](https://blog.bankerscompliance.com/en/fincen-advisory-on-healthcare-fraud-schemes)

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