FICO Launches Insurance Fraud Manager (IFM), 3 which now includes enhanced capabilities to track and detect fraud before it happens
Posted on September 23rd, 2009 in insurance insurance
According to the statement, early detection is the key to mitigating fraud losses suffered by insurers in the health sector
FICO, a company specializing in technology for analysis and decision management has announced the availability of FICO Insurance Fraud General Manager 3 – Healthcare Edition, with enhanced capabilities to detect fraud in the health industry.
Insurance Fraud Manager FICO (MFI) 3 uses real-time predictive analytics to track and find patterns of fraud and abuse before payments are made, which significantly reduces the costs for fraud and allows companies to avoid health insurance claims for fraud.
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