OIG Outlines $26B in Savings for FY 2010

The Office of the Inspector General submitted a report to Congress that includes summaries of its activities over a six-month period as well as a summary of its accomplishments for fiscal year 2010.

Highlights of the report summarizing FY 2010 activities include the following:

•    The OIG reported expected recoveries and estimated savings of approximately $25.9 billion.
•    Of the $25.9 billion, approximately $1.1 billion consisted of audit receivables, $3.8 billion consisted of investigative receivables and $21 billion consisted of legislative and cost-saving actions supported by recommendations by the OIG.
•    In FY 2010, the OIG also barred 3,340 individuals and entities from participating in federal healthcare programs.
•    More than 370 civil actions, including False Claims Act lawsuits, were filed against individuals and entities.

Read the OIG report on FY 2010 savings (pdf).

Read other coverage about Medicare and Medicaid fraud:

- Ohio Surgeon's Office Manager Avoids 15 Years Imprisonment After Pleading Guilty to Fraud

- Healthcare Fraud Lawsuit Filed Against N.C. Internist

- New Jersey Psychiatrist Sentenced to 3 Years Imprisonment for Medicare, Medicaid Fraud

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