Out With the Old, in With the New: Resetting the Clock on the FCA Stats Tracker for DOJ FY 2017
Since LLB launched only a few short months ago, we really had little time to track stats for DOJ FY 2016, which came to a close on September 30, 2016. That means that we now have to reset the “clock” on our stat tracker—the FCA Stats at a Glance—to make sure that new recoveries from October onward are attributed to DOJ FY 2017. Before we do that, here is a quick recap of DOJ FY 2016.
Data for Oct. 1, 2015 – Sept. 30, 2016
By our count, DOJ has taken in about $3.71 billion across 286 recoveries in DOJ FY 2016. This number includes a few late-arriving recoveries announced by DOJ after the close of the fiscal year, but signed in September 2016. The health care industry led the way in total money recovered by the DOJ in FY 2016 with $2.89 billion in recoveries, or about 77.9% of the total, spread across 221 recoveries. Coming in second, the DOJ collected a total of $698 million, or about 18.8% of the total, from industries outside of health care and defense across 45 recoveries. Finally, the DOJ recovered about $122 million, or about 3.3% of the total, from the defense industry across 20 recoveries.
This year’s total recoveries are on par with the $3.58 billion recovered in 2015 and the $3.84 billion recovered in 2013, though far short of the $5.78 billion recovered in 2014. The same is true of health care recoveries, which missed the high point of $3.10 billion in 2012, but passed up last year’s $1.97 billion. Defense was on the lower side, less than half of last year’s $259 million, but twice 2014’s $69 million. Other industries were also on the low end, half of the $1.36 billion in 2015, and nowhere close to 2014’s $3.31 billion.
This is only a short recap of the overall statistics, but we at LLB appreciate that the FCA practitioners and statistics aficionados among our readers will want more. In early November, we will be providing a year-in-review both by webinar and through the blog to provide in-depth analysis of the statistics as well as case law trends and highlights of the past year. Please stay on the lookout for details—date, time, and place in the near future.
With that, the FCA Stats at a Glance is reset for DOJ FY 2017. But one final note: The tracker is reset, but the FCA Statistics, FCA Recovery Map, and FCA Data Set will continue to accumulate and display data since October 2015 for a little while longer, while we tweak our stats and charts pages to accommodate the new year (without losing the hard work and accumulated data from the past year). Please stay tuned.