4:30pm - 5:15pm How Luxury Cars and Predictive Analytics Impact & Protect the Integrity of Your Public Assistance Programs
Monday Sep 15 - Room: Constitution B
The New York City Human Resources Administration (NYC HRA) Investigation, Revenue and Enforcement Administration (IREA) wanted to more effectively triage fraud within its Medicaid program. To that end, it designed a study that analyzed certain high-risk indicators, such as asset ownership, to see if they could improve investigative outcomes by increasing efficiencies and better focusing resources. The study found that the indicators were indeed predictive, and their usage could increase the probability of its investigative success by 71 percent, reduce investigation time by 21 percent and reduce costly and time-consuming interviews by 56 percent.