Trade Resources Industry Views Federal Efforts to Combat Health Care Fraud Recovered a Record $4.3 Billion

Federal Efforts to Combat Health Care Fraud Recovered a Record $4.3 Billion

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).

Source: http://www.news-medical.net/news/20140227/Record-2443-billion-in-health-care-fraud-recovered.aspx
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Record $4.3 Billion in Health Care Fraud Recovered