WASHINGTON–The government recovered $3.3 billion in fiscal 2014 from individuals and companies that tried to defraud federal health programs, part of an effort by the Obama administration to improve enforcement and prevent abusive billing practices.
The administration recovered $7.70 for every dollar spent investigating health-care-related fraud and abuse in the past three years, according to a report to be released Thursday by the Health and Human Services Department and Justice Department. That marks the third-highest return on investment since the antifraud program was launched nearly two decades ago, the report said.
A sign above the boarded-up Riverside General Hospital Wellness Center in Houston last year. The former president of Riverside Hospital and three other employees were convicted in a Medicare scheme to steal $158 million from the federal government. PHOTO: ASSOCIATED PRESS
You can read that full article in the WSJ – Here – https://www.wsj.com/articles/u-s-recovers-3-3-billion-in-federal-health-care-fraud-1426737703