New system to predict fraud and abuse
By
November 14, 2011
Due to increasing pressure to reduce fraud, abuse, and billing errors in its Medicare program, the Center for Medicare and Medicaid Services (CMS) announced on July 1 that Northrop Grumman Corporation, a global security firm known for its defense contract work, has been contracted to develop a predictive statistical modeling system to identify high-risk medical claims.
The contract is for $77 million over one year with three, one-year renewal option periods.
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