Corporate Compliance

OIG recovers $20.97 billion for fiscal year 2009

Compliance Monitor, December 9, 2009

The Office of Inspector General (OIG) announced savings and recoveries of $21 billion for fiscal year 2009, and detailed six major cases that led to the savings according to the OIG’s Semiannual Report to Congress.
 
The $21 billion in savings include $16.48 billion in implemented recommendations to put funds to better use, $4 billion in investigative receivables, and $492 million in audit receivables.
 
Cases highlighting the recoveries include:
  • Pfizer paying $2.3 billion in the largest healthcare fraud settlement in history
  • Medicare Fraud Strike Force recovering $40.7 million in investigative receivables
  • New York refunding $275.3 million to CMS due to improper personal care claims
To view the entire 101 page, OIG semi-annual report, click here.

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