1:00pm - 1:45pm KEYNOTE: Predicting Predictive Analytics Savings and The Future
Monday Sep 15 - Room: Constitution B
The Fraud Prevention System has provided valuable savings for the Medicare program; progress continues as CMS harnesses the FPS for more purposes and measures the results of its use quantitatively. These results, certified by the OIG, are reported in the most recent Report to Congress, issued in June of this year. Ms. Handley's discussion will cover the savings methodology, its promise and pitfalls, and the describe how the Fraud Prevention System is growing differently in the future into a multi-functional program. As CMS continues to refine its predictive analytic approach beyond a system that takes action against fraudulent providers, CMS expands FPS' potential and ultimately its yield as a multi-faceted tool.