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Department of Health and Human Services

Office of Inspector General -- AUDIT

"Audit of Medicare Final Administrative Cost Proposals for the period October 1, 1998 through September 30, 2000," (A-09-01-00088)

January 9, 2002


Complete Text of Report is available in PDF format (4.3 MB). Copies can also be obtained by contacting the Office of Public Affairs at 202-619-1343.


EXECUTIVE SUMMARY:

We have concluded that $118,199,816 of the $128,100,962 claimed under the contract is acceptable.  The balance of $9,901,146 represents costs set aside for pension costs ($801,140), home office indirect costs ($8,568,685), return on investment ($73,729), and the amount budgeted for forward funding ($457,592).