According to the Health Care Cost Institute (HCCI), costs between 2010 and 2011 alone rose 4.6%, a 21 % increase from the previous year.
The National Health Care Anti-Fraud Association estimates conservatively that 3% of all health care spending — or $70 billion — is lost to health care fraud each year.
Health care industry experts have estimated that if the U.S. health care system uses big data to drive efficiency and quality, it could generate annual health care savings of more than $300 billion.
Every $1 the U.S. government invests in combating Medicare and Medicaid fraud saves $1.55. -U.S. Department of Health & Human Services. Learn More >>
More than 1.4 million people have been victimized by medical identity theft. -Ponemon Institute Learn More >>
In a recent analysis of a Medicaid provider file, LexisNexis found that over 1% of providers were deceased, 1.7% were sanctioned or excluded, .5% were registered sex offenders and some were incarcerated individuals. Learn More >>
We have analyzed hundreds of millions of identities across dozens of federal, state and local systems for identity risk, and are the global leader
in mitigating identity risks. Learn how others have done it through an identity solutions demonstration today.