HCFAC Program Returns Over $27 Billion to Medicare Trust Fund

By J.C. Rivera, Pedcor Investments LLC

Since the inception of the Health Care Fraud and Abuse Control (HCFAC) Program, it has returned more than $27.8 billion to the Medicare Trust Fund from the government’s efforts in fraud prevention and enforcement ($3.3 billion stemmed from fiscal year 2014 alone).

Secretary Burwell stated, “These impressive recoveries for the American taxpayer demonstrate our continued commitment to this goal and highlight our efforts to prosecute the most egregious instances of health care fraud and prevent future fraud and abuse.”

The HCFAC Program report for fiscal year 2014 be found here.

This post was written by J.C. Rivera of Pedcor Investments LLC. If you would like to submit content or write an article for the Health Care and Life Sciences Section page, please email Rachel Beachy at rbeachy@indybar.org.