U.S. recovers $4.2 billion from healthcare fraud probes: report

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U.S. recovers $4.2 billion from healthcare fraud probes: report

(Reuters) - The Obama administration said on Monday that its efforts to combat fraud in the Medicare and Medicaid healthcare programs were paying off as the government recovered a record $4.2 billion in fiscal 2012 from individuals and companies trying to cheat the system. For every dollar spent investigating healthcare fraud over the past three years, the government recovered $7.90, according to a report released on Monday by Attorney General Eric Holder and Health and Human Services Secretary Kathleen Sebelius. ...

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