OIG Says Medicare, Medicaid Work Shows Big ROI

WASHINGTON — In its Annual Performance Report for FY 2008, HHS' Office of Inspector General said the return on investment for its expenditures related to the Medicare and Medicaid programs was $17 for every $1 spent in the three-year period from 2006 through 2008.

Taking into account other programs in addition to Medicare and Medicaid — OIG looks at more than 300 programs administered by HHS with a staff of 1,500 — the report said $2.4 billion was returned to the government in 2008 as a result of OIG investigations, and audit work returned an additional $1.3 billion.