Outstanding US DOJ Health Care Fraud Statistics for FY 2013:
On February 26, 2014, Attorney General Eric Holder and HHS Secretary Kathleen Sebelius released the annual Health Care Fraud and Abuse Control (HCFAC) Program report. It showed a remarkable recover of $8.10 for every dollar spent on health care-related fraud and abuse enforcement. The Government said this is the highest three-year average return on investment in the 17-year history of the HCFAC Program.
In terms of monies recovered for the US taxpayers, US DOJ claims its health care fraud prevention and enforcement efforts paid off with a record-breaking recovery of $4.3 billion in Fiscal Year (FY) 2013, up from $4.2 billion in FY 2012. The Government boasts that over the last five years, its enforcement efforts have recovered $19.2 billion, up from $9.4 billion over the prior five-year period. Since the inception of the program in1997, the HCFAC Program has returned more than $25.9 billion to the Medicare Trust Funds and treasury. Read more: http://www.justice.gov/usao/flm/press/2014/Feb/20140225_Chun.html
