tci Medicare Compliance & Reimbursement - 2004 Issue 19

Enforcement: Fraud Fighters Load Up With More Ammo

Every dollar spent on prosecution puts $13 back in federal treasury.With numbers like the ones touted by the Taxpayers Against Fraud, the call for increased fraud-fighting resources is likely to get a nod. In its latest report, "Fighting Medicare Fraud: More Bang For The Federal Buck," the nonprofit organization updates previous studies on the benefit-cost ratio of federal fraud reduction efforts, and with impressive findings. Between 1998 and 2003 alone, the government spent $408 million on investigating, prosecuting and awarding whistleblowers in false claims cases -- and recovered over $5.2 billion in settlements and judgments...

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