Benefits
- Identify the likelihood of fraud at the earliest possible moment.
- Identifies claims that have a high probability of being fraudulent.
- Identifies medical providers with suspicious billing activity or unusual treatment patterns.
- Identifies policies with discrepancies or irregular combinations.
- FraudFocus automates and standardizes the fraud detection process, providing a new level of consistency and efficiency when searching for potential fraud.
Get it now: For more information about LexisNexis® FraudFocus®, call 800.869.0751.
Features
- FraudFocus compares each claim, provider or policy to historical fraudulent patterns identifying the likelihood of fraud at the earliest possible moment.
- Reviews each claim, provider or policy for subtle fraudulent patterns using techniques more powerful than traditional red flags or rules alone.
- Reviews each claim and provides alerts when thresholds have been exceeded.
- Compares individuals and organizations to internal and third-party lists to flag matches of similar identities.
- Allows an investigator to search for links among claims’ data elements that may point to collusion or rings.
- Prioritizes and organizes claims so the most appropriate action can be taken through automated special investigative unit referrals, additional data look-ups and adjuster or specialist notification.
- Provides reporting, tracking and analysis tools to identify trends and optimize the fraud referral and mitigation process.
FraudFocus uses the following technology:
- Predictive Model Scoring
- Business Rules
- Identity Matching Manager
- Link Analysis and Visualization, powered by i2
- Reporting Engine
Get it now: For more information about LexisNexis® FraudFocus®, call 800.869.0751.