The Office of Inspector General has announced $3.4 billion in new expected recoveries related to its investigations, audits and other probes, mostly related to Medicare and Medicaid, according to an OIG news release.
These expected recoveries, which were announced in connection with OIG's semiannual report from Oct. 2010-March 2011, are largely comprised of restitutions, fines, penalties and settlements. With 349 criminal and 197 civil actions concluded, Inspector General Daniel R. Levinson said it has been a period of "intense activity."
Also mentioned in the report were highlights such as the arrest of more than 100 suspects in an unprecedented healthcare fraud takedown, which occurred in February, and GlaxoSmithKline's $750 million settlement to resolve allegations that it manufactured and sold contaminated drugs to Medicaid and other government programs.
"We're proud that broad collaboration with law enforcement agencies at all levels resulted in so many arrests and exclusions. It's all part of protecting Medicare and Medicaid, and returning to taxpayers the money stolen from those programs," Inspector General Levinson said in the release.
Read the OIG release on its Semiannual Report to Congress.
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These expected recoveries, which were announced in connection with OIG's semiannual report from Oct. 2010-March 2011, are largely comprised of restitutions, fines, penalties and settlements. With 349 criminal and 197 civil actions concluded, Inspector General Daniel R. Levinson said it has been a period of "intense activity."
Also mentioned in the report were highlights such as the arrest of more than 100 suspects in an unprecedented healthcare fraud takedown, which occurred in February, and GlaxoSmithKline's $750 million settlement to resolve allegations that it manufactured and sold contaminated drugs to Medicaid and other government programs.
"We're proud that broad collaboration with law enforcement agencies at all levels resulted in so many arrests and exclusions. It's all part of protecting Medicare and Medicaid, and returning to taxpayers the money stolen from those programs," Inspector General Levinson said in the release.
Read the OIG release on its Semiannual Report to Congress.
Related Articles on Healthcare Fraud:
5 Recent Fraud Cases Involving Healthcare CEOs
12 Fraud and False Claims Cases Involving Physicians
10 Recent Stark, False Claims and Kickback Lawsuits Involving Hospitals and Health Systems