Fraud Detection & Prevention

Fight fraud, waste and abuse with LexisNexis Fraud Detection and Prevention Solutions.

Fraud, waste and abuse is a growing, costly problem and can damage your agency’s reputation. According to the NHCAA, 3% of the U.S. $2.26 trillion annual health care expenditure or $68B is lost to fraud and overcharging, and abuse is growing at a rate of over 5% per year. The U.S. Department of Agriculture has reported that people who fraudulently get benefits skim an estimated 2 percent of all spending on food stamps, amounting to approximately $753 million in abuse in 2009. LexisNexis Fraud Detection and Prevention Solutions help you reduce fraud risk by quickly and intelligently analyzing billions of authoritative records and independent data sources on businesses and individuals to uncover relevant information for more informed decision-making. In addition to extensive residential profiles, assets and derogatory histories, our solutions leverage the power of proprietary algorithms and scoring capabilities to proactively identify fraud patterns and questionable activity.