Answering the Three Biggest Questions About Waste in Health Care Payments

Payer Organizations Turn to Predictive Analytics

“My special investigations unit keeps an eye on fraud and abuse, but what
about waste?”
The line between fraud and waste may be a fine one, but when you’re convinced
that a dubious claim is not fraudulent, does your payer organization have a way of
looking into it? And if your organization does pursue waste, are you catching it before
payment goes out the door? Or do you have to “pay and chase?”
What if your fraud management system were smart enough to detect waste also?
The potential for savings is huge in three commonly overlooked areas: too many tests,
inefficient claims processing and premature discharge of patients. By using predictive
analytics and models, payer organizations can save money by identifying, controlling
and stopping unnecessary health care payments

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