OIG fraud recoveries dropped $1.2B this year. That might not be a bad thing
December 06, 2018 / Evan Sweeney
The federal government brought in 30% less in fraud recoveries in 2018 than it did the previous year, thanks to far fewer large settlements. But that could be a net benefit, according to the agency. The Office of the Inspector General recovered $2.9 billion from fraud investigations during the fiscal year 2018, according to a semiannual report to Congress released this week. That’s a $1.2 billion decline from last year, when the agency pulled in $4.13 billion. The year prior, the agency hauled in a historic $5.6 billion. But lower recoveries are not indicative of lighter enforcement, according to OIG spokesperson Don White. Fraud recoveries fluctuate from year to year, based primarily on the volume of large settlements. In 2017, for example, the OIG inked a $155 million settlement with EHR vendor eClinicalWorks and Mylan paid $465 million in an EpiPen settlement. The prior year, Tenet Healthcare forked over more than $500 million.