Department of Health and Human Services

Office of Inspector General -- AUDIT

"Audit of Administrative Costs Claimed Under Part A of The Health Insurance for Aged and Disabled Program by Veritus, Inc. for the Period October 1, 1994 through September 30, 1997," (A-03-01-00005)

February 22, 2001


Complete Text of Report is available in PDF format (1.42 MB). Copies can also be obtained by contacting the Office of Public Affairs at 202-619-1343.


EXECUTIVE SUMMARY:

This audit report, prepared by the certified public accounting firm of Doshi & Associates, P.C.,  presents the results of a review of Part A administrative costs claimed by Veritus, Inc. for the period October 1, 1994 through September 30, 1997.  The auditors questioned $344,231 of $54,304,559 claimed because the costs were either unallowable, excessive, unsupported, or applicable credits to the program were understated.