Audit of Palmetto GBA's Medicare Part B Final Administrative Cost Proposals for Fiscal Years 2007 Through 2009

Palmetto GBA claimed administrative costs on its Final Administrative Cost Proposals for fiscal years 2007 through 2009 that substantially complied with Federal Acquisition Regulations (FAR) and the Medicare contract. Of the approximately $110,858,000 in costs that we reviewed, approximately $110,518,000 was allowable, allocable, and reasonable in accordance with part 31 of the FAR and the Medicare contract. However, Palmetto GBA claimed approximately $340,000 that was not allowable.