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

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.