OIG semiannual report shows savings in billions
Patient Financial Services Weekly Advisor, June 17, 2005
The OIG on June 13 announced the publication of its semiannual report, claiming savings and expected net recoveries of nearly $17 billion for the first half of fiscal year 2005.
The OIG also announced the following highlights in its report:
- $15.6 billion in implemented recommendations and other actions to put funds to better use
- $266 million in audit receivables
- $1.1 billion in investigative receivables
- 1,695 exclusions of individuals and entities for fraud or abuse of federal healthcare programs
- 258 criminal actions against individuals or entities that engaged in crimes against HHS programs
- 105 civil actions, including False Claims Act suits, unjust enrichment suits, civil monetary penalties law settlements, and administrative recoveries related to provider self-disclosure matters
Click here to read the full report.
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