Corporate Compliance

OIG releases final Semiannual Report to Congress for 2007

Compliance Monitor, January 2, 2008

The OIG reported a total of $43 billion in savings and expected recoveries in its final Semiannual Report to Congress for Fiscal Year 2007.

According to the report, the OIG saved $39 billion by implementing recommendations and putting funds to better use. The OIG collected $1.9 billion in audit receivables and $2.18 billion in investigation receivables. All of the totals represent an increase of FY 2006.

OIG reported exclusions of more than 3,300 individuals and entities for engaging in fraud or abuse with respect to federal health care programs. The OIG filed 447 criminal actions against individuals or entities that engaged in crimes against departmental programs and 262 civil actions, including False Claims Act and unjust enrichment suits, Civil Monetary Penalties Law settlements, and administrative recoveries related to provider self-disclosure matters.

Click here to read the OIG's press release and click here to read the complete semiannual report.

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