Record $4.3 Billion In Health Care Fraud Recovered
Federal efforts to combat health care fraud recovered a record $4.3 billion in fiscal 2013 and have recouped more than $8 for every $1 spent on enforcement over the past three years, according to an annual report released Wednesday.
McClatchy: Feds Recover Record $4.3 Billion In Health Care Fraud Funds Last Year
The Obama administration’s health care fraud efforts recovered a record $4.3 billion in taxpayer cash in fiscal year 2013, up from $4.2 billion in 2012. And for every dollar spent investigating health care fraud and abuse in the last three years, the government recovered $8.10, the Obama administration reported Wednesday. That’s the largest three-year average return on investment in the 17-year history of the federal Health Care Fraud and Abuse Control Program (Pugh, 2/26).
The Hill: Holder, Sebelius Tout Billions In Healthcare Fraud Recoveries
The U.S. recovered $4 billion last year through healthcare fraud prevention and enforcement efforts, according to a report released Wednesday by Attorney General Eric Holder and Health and Human Services (HHS) Secretary Kathleen Sebelius. The report says that the Health Care Fraud and Abuse Control Act (HCFAC) recovered more than $8 for every $1 it spent on healthcare fraud investigations over the last three years, the best ratio in the 17-year history of the program (Easley, 2/26).
Politico Pro: Record $4.3 Billion In Health Care Fraud Recovered
Federal efforts to combat health care fraud recovered a record $4.3 billion in fiscal 2013 and have recouped more than $8 for every $1 spent on enforcement over the past three years, according to an annual report released Wednesday. The latest results brought the total to more than $25.9 billion since the Health Care Fraud and Abuse Control Program began in 1997. The program, a joint effort of HHS and the Department of Justice, targets schemes by individuals and companies to defraud the government’s hugely expansive health care network, particularly Medicare and Medicaid (Norman, 2/26).