Tag: Auditor

  • The AI Auditor: Can Machine Learning Finally End the Era of Wasteful Government Healthcare Spending?

    The Black Hole of Healthcare Spending

    There are staggering statistics about the current US national debt and the percentage attributed to healthcare programs like Medicare and Medicaid.

    There are well-documented problems of fraud, waste, and abuse: upcoding, phantom billing, medically unnecessary procedures …

    Traditional human-led audits are slow, expensive, and only catch a tiny fraction of the problem, creating a massive accountability gap.

    Enter the AI Auditor, A New Paradigm for Transparency

    Using advanced AI and machine learning models to analyze massive healthcare claims datasets in real-time.

    AI can identify complex patterns of fraud that are invisible to human auditors: collusive networks of providers, subtle anomalies across millions of claims …

    The current model is “pay and chase” … what about a future of “pre-payment verification” where AI flags suspicious claims before a single taxpayer dollar is spent?

    (more…)