Healthcare Fraud Shield Integrates TransUnion TLOxp Into FWAShield Platform

CHESTERFIELD, Mo., Dec. 3, 2014 /PRNewswire/ -- In a continuing effort to collaborate with best-of-class data suppliers for its platform, Healthcare Fraud Shield, a leading provider of healthcare fraud, waste and abuse analytics and services has announced that it has integrated TransUnion's TLOxp® products into their FWAShield platform. This new comprehensive data will be utilized to complement Healthcare Fraud Shield's analytics which uncover the connections between people, businesses and assets providing a unique insight into healthcare payment risks.

"We are very excited about the new integration with TransUnion's TLOxp products, which will allow our customers to more efficiently identify and proactively investigate material risk findings on high risk claims so that they may deny or recover payment," said Mike Moseler, CTO of Healthcare Fraud Shield.

TransUnion TLOxp searches and reports will be available as part of case development, case research as well as the prepayment and post-payment analytics modules. "Bringing these two products together will supply our customers with more effective tools for fighting the growing trend of provider payment risk. Fraud, waste and abuse detection and prevention efforts are strengthened exponentially when combining multiple solutions into an all-in-one solution," said Karen Weintraub, EVP of SIU for Healthcare Fraud Shield.

About TransUnion

As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help them manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion reaches businesses and consumers in 33 countries around the world on five continents.  www.transunion.com/business

About Healthcare Fraud Shield

Healthcare Fraud Shield offers a fully integrated Fraud, Waste, and Abuse software solution platform called FWAShield^™. FWAShield^™ utilizes unique and proprietary data sources to maximize Return on Investment (ROI) and achieve superior results. Our platform is deployed utilizing a Software-as-a-Service model which allows us to quickly adopt new system enhancements and fraud analytics with minimal work for our customers. Our platform is designed to make the user experience simple, fast and effective for use across multiple departments within a healthcare insurance payer enterprise. FWAShield^™ integrates distinctive algorithms and an expert rules-based methodology to reduce the excessive and unwanted false positives present in most other fraud detection software programs. For more information, visit www.hcfraudshield.com.

Contact: Tony Rademeyer, [email protected], (888) 333-8140

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SOURCE Healthcare Fraud Shield

Related Links

http://www.hcfraudshield.com