IBM
Case Studies
PRO BTP: Analytical tools used for real-time detection of suspicious claims for medical expenses
Overview
PRO BTP: Analytical tools used for real-time detection of suspicious claims for medical expensesIBM |
Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration | |
Procurement | |
Fraud Detection | |
Data Science Services System Integration | |
Operational Impact
The POC was highly successful, identifying new cases and configurations of fraud that PRO BTP was unaware of. The solution will help the company avoid payment of suspicious claims while speeding the payment of valid claims, potentially saving millions in cost avoidance. | |
Quantitative Benefit
During the POC, the solution identified 9 percent of optical claims and 14 percent of dental claims as suspicious. | |