Fraud, waste & abuse

Qantev's advanced AI-driven FWA detection module detects complex over-billing and fraudulent patterns, at scale, and gives you actionable insights for investigation management.

72%

Anomaly detection hit rate.

35%

Increase in SIU team efficiency.

Features

Go beyond claims anomaly detection

75+ advanced machine learning algorithms to detect patterns of unnecessary, mislabeled and fraudulent services, giving actionable insights on potential savings and implicated providers.

Claim deduplication

Detects and flags unusually similar claims indicating potential fraudulent activity.

Pricing anomalies

Identifies discrepancies in billing rates compared to standard pricing for services.

Medical coding anomalies

Flags inconsistencies and errors in the medical coding of claims.

Hospitalization time anomalies

Highlights unusual lengths of hospital stays that deviate from norms.

Patient journey irregularities

Tracks and identifies deviations in a patient’s treatment journey.

Unnecessary treatments

Detects treatments and procedures that lack medical necessity or justification.

Document forgery detection

Identifies and flags potentially forged or tampered documents within claims.

Abnormal frequency of claims or condition

Detects unusually high claim frequencies or conditions suggesting fraudulent activity.

Abnormal readmission rate

Identifies abnormal rates of patient readmission indicating potential issues or fraud.

Undeclared pre-existing condition

Flags claims where pre-existing conditions were not disclosed during policy issuance.

Early policy cancellation

Monitors and reports on policies canceled suspiciously early after activation.audulent activity.

Upcoding & doctor shopping

Detects billing for higher-cost services and patients visiting multiple doctors for the same issue.

Abnormal medication prescription

Identifies suspicious patterns in prescription medications that deviate from norms.

Abusive referral

Tracks and flags unusual referral behaviors indicating potential kickbacks or overutilization.

Early fraud trend detection

Monitors and identifies emerging trends indicative of potential fraud at an early stage.

Case management

  • Real-time alert detection and automated scoring for prioritization, historical claims audit.
  • Case assignment and actionable checklist to guide SIU teams during investigation
  • Task and document management for efficient workflows.

Activity dashboards

  • Business KPI metrics: detection rate, hit rate, recovery rate.
  • Number of alerts and recoveries by alert types and by subjects.
  • Monthly evolution of processed alerts and recoveries.

Seamless integration pre and post payment

  • At prepayment via native integration with your claims management system that flags suspicious claims before reimbursement.
  • At prepayment via native integration with your claims management system that flags suspicious claims before reimbursement.

Analytics

  • SLA and fraud investigation monitoring based on real time KPIs for optimal performance.
  • Individual and team performance monitoring with customizable KPIs.
How it works

Empower your SIU teams with specialized AI

Smarter detection

75+ patterns specialized for health & life insurance for improved detection.

Smarter insights

AI to give a comprehensive data driven actionable insights for increased savings pre and post payment.

Smarter case management

AI to help automatically score detected anomalies and assign to the right SIU handler.

Smarter predictions

AI that predicts patterns based on internal and external market data, to help insurers tackle and adapt to the future.

Learn, fine-tune, repeat

Adaptive algorithms with feedback loops for continuous improvement and high accuracy.

Get 2-5x ROI in 12 months

+35% efficiency

SIU team efficiency (number of alerts handled per year).

New patterns detection

More than 75 AI-driven patterns and constant learning.

False positive reduction

AI-patterns to block claims pre-payment or send alert for post payment.

Leakage reduction

Improvement of loss ratios by flagging of abnormal claims.

Rapid deployment

4-6 months average deployment for quick business wins.

Highest accuracy

Specialized for health & life. and AI-driven for high and accurate detection.

Ready to get started?

Talk to one of our experts.

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