On February 8, 2012, the Office of Inspector General published the November and December Recovery Act Oversight Monthly Reports. The most recent figures indicate that in November 2011, $12,589,859.00 dollars of Recovery Act funds were used on Recovery Audit activities. In December 2011, $13,161,164.00 dollars of Recovery Act funds were used on Recovery Audit activities.
The purpose of the Recovery Act Oversight initiative is to assess whether HHS is using Recovery Act funds in accordance with legal and administrative requirements and is meeting the accountability objectives defined by the Office of Management and Budget (OMB).
For more information on RACs, please contact Abby Pendleton or Jessica Gustafson at (248) 996-8510 or visit www.thehealthlawpartners.com