Inspector General: Audits, Legal Actions May Net Up to $3.4 Billion
06/01/11 – In a period of intense activity, as Inspector General Daniel R. Levinson calls it, the Office of Inspector General (OIG), Department of Health and Human Services (HHS) announced that it expects to recover $3.4 billion. The receivables, which are related to investigations, audits, and other reviews (mainly of Medicare and Medicaid) during the period October 2010 through March 2011, consist of $3.2 billion from 349 criminal and 179 civil actions and about $222 million from audits. These numbers include settlements by two major drug companies for false claims, marketing, and other alleged violations. GlaxoSmithKline LLC agreed to pay $750 million to resolve charges while Allergan, Inc. agreed to pay $600 million.
Read more: http://oig.hhs.gov/newsroom/news-releases/2011/sar_release.asp