Report Criticizes Cost Monitoring In DOD Health Program

Law360, New York (March 12, 2012, 5:45 PM EDT) -- The U.S. Department of Defense failed to properly monitor contractor-invoiced costs for military health care program Tricare, leaving more than $500,000 temporarily unavailable for the program's use, according to a report issued Thursday by the agency's inspector general.

While the agency received high marks for the quality and efficiency of its overall Tricare spending, U.S. Army Medical Research Acquisition Activity officials and Tricare Management Activity officials failed to “adequately track and deobligate funding” because they were unaware of whose responsibility it was to fulfill the task, the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.