Mr. Levinson said the OIG averages $1.22 billion annually in investigative recoveries and disallowances, with a Medicare and Medicaid return on investment of $17 for every $1 spent on the OIG.
The OIG has developed a five-pronged strategy for combating fraud, waste, error and abuse that includes prior enrollment scrutiny for prospective Medicare and Medicaid providers; responsive payment methodologies; assistance providers in compliance with federal laws and policies; vigorous monitoring and quick response.
Read Mr. Levinson’s Medicare fraud testimony (pdf).
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