Finding and eliminating fraud

by LexisNexis

Fraud on health exchanges is becoming an increasingly large problem for health plans. While most brokers operating exchanges fulfill their obligations, new entrants have increased the potential for fraud and abuse.

Turning Fraud, Waste, and Abuse Leads into Turnkey Allegations

by Verscend

The exact amount of money lost each year to healthcare fraud, waste, and abuse (FWA) is difficult to precisely quantify, but estimates typically are in the hundreds of billions of dollars. Although a portion is due to waste, a troubling amount continues to be attributable to fraudulent and abusive practices, ranging from upcoding, overcharging, and medically unnecessary billing to complex collusion.

Health Care Payment Integrity through Advanced Analytics

by SAS Institute

How much are fraud, error, waste and abuse costing your organization? Costs to insurers are huge – as much as 25 percent of payments made. This paper discusses how today’s data management and analytics platforms promise breakthroughs by using data to predict and detect loss in all its forms.

How Predictive Analytics Help Cut Medicaid Fraud

by BAE Systems

In 2011 $2.27 trillion was spent on healthcare in the United States. The FBI estimates that a staggering 3-10% of this amount is fraudulent, which works out to an incredible $70 billion to $240 billion of fraud per year. See how advanced predictive analytics and social network analytics can help significantly reduce these numbers.

Game-Changing Medicaid Fraud Prevention

by LexisNexis

Until recently, Medicaid Fraud Control Units (MFCUs) were unable to leverage federal funds to mine Medicaid data for the purposes of detecting and mitigating fraud. However, the rules have changed and that restriction has been lifted.

Public Records for Health Care

by LexisNexis

The United States now spends about $2.6 trillion annually on health care (17.5 percent of GDP) and with the reform initiatives under the Affordable Care Act (ACA), the number of Americans covered and the amount spent will grow dramatically, potentially leading to even greater fraud, waste and abuse in the system.

Revolutionizing FWA detection with a fully integrated software solution - FWAShield

by Healthcare Fraud Shield

Healthcare Fraud Shield is a provider of dynamic fraud, waste and abuse detection software solutions that have dominated the complex financial services industry over the past fifteen years. Our suite of products introduces several new technology applications to the healthcare industry that will revolutionize cost reduction opportunities. Read more to find out about our products and services.