FraudLens

Arlington, Virginia, United States

Founded
2012
Size
2-10
Revenue
$7 Million
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FraudLens In Short

Franz Und Franz UG Haftungsbeschrankt is a professional and technical services company based in Hannover, Lower Saxony, Germany, with a single employee. They specialize in internet advertising, programming or consulting, and provide expert advice on eZ publishing. Their website, eZ Publish, is designed to provide a simple website and a complex shop system for internet projects in Hannover.

FraudLens Company Description

FraudLens (FL) is a one-of-a-kind software solution that enables healthcare payers to finally make a huge impact on fraud, waste, and abuse (FWA) by moving from a “pay and chase” and “manual review” model to an automated “detect and prevent” model. FL’s complete solution that includes a near real-time FWA detection system and a Provider Relationship Platform (PRM), after many years of research and development, is specifically designed to address the financial burden caused by pre-payment of high volume, low dollar FWA as well as the low volume, high dollar FWA that exist within the healthcare industry today. It is estimated that 90% of all FWA is low dollar claims that are not being addressed today. FraudLens’ sophisticated near real-time FWA detection system is developed through a combination of the following attributes: Clinical Knowledge Informatics Forensics Information Technology Advanced Data Visualization Using this unique combination, FL has developed a multi-vectored (multiple angles/scenarios/algorithms) approach that reviews all claims from all providers within hours and detects and provides the exact details of Who, What, When, Where, and How FWA is committed. This unique multi-vectored approach is administered pre-payment and pre-adjudication saving the healthcare payer millions of dollars. The FraudLens FWA findings (reports) are then fed real-time into FL’s innovated Provider Relationship Management platform. The PRM is used to achieve a behavioral change in the providers through communication, education and incentives used to entice the provider to stop submitting questionable claims. PRM tracks the FWA over time, identifies any changes in provider behavior and triggers an escalation of communication between the Provider and Payer. The end result is that FraudLens provides a complete solution that changes the current “pay and chase” and “manual review” model to an automated “detect and prevent” model.

Location

3100 Clarendon Blvd., Suite 200 Arlington, VA 22201, Arlington, Virginia, 22201, US

Phone
+1 6*******
Employees
3
Industry

Wellness and Fitness Services

Social
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Social Media Tag
Clinical Knowledge
Informatics
Forensics
Advance Data Visualization
Fraud
Waste And Abuse
B2c

What does FraudLens offer?

FraudLens offers a solution for near-real-time (Pre-Payment, Pre-Adjudication) dental, medical, and dental-medical crossover. Their services include precision FWA detection, pre-payment claims analysis, and real-time FWA prevention. With a focus on intelligent, miniature, expert systems, they aim to save at least 5 times more than existing FWA solutions

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Frequently asked questions

Where is FraudLens's headquarter?

FraudLens's headquarter is located at 3100 Clarendon Blvd., Suite 200 Arlington, VA 22201, Arlington, Virginia, 22201, US

When was FraudLens founded?

FraudLens was founded in 2012

What is FraudLens's Revenue?

FraudLens's revenue is $7 Million

How many employees does FraudLens have?

FraudLens has 3 employees

Which social media profiles does FraudLens have?

FraudLens's social media are: Linkedin, Facebook, 

What is FraudLens's phone number?

FraudLens's phone number is +1 6*******

What is FraudLens's website?

FraudLens's website is https://www.******.***

What is FraudLens's industry?

FraudLens is in the industry of: Wellness and Fitness Services

Wellness and Fitness Services

Who are FraudLens's similar companies?
FraudLens's similar companies are: A Healed Cat,Acrebay Investment Management Inc.,Anjuman Peace and Humanity Club,Fabula(b) Theatre + New Media
A Healed Cat,
Acrebay Investment Management Inc.,
Anjuman Peace and Humanity Club,
Fabula(b) Theatre + New Media

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FraudLens offers a solution for near-real-time (Pre-Payment, Pre-Adjudication) dental, medical, and dental-medical crossover. Their services include precision FWA detection, pre-payment claims analysis, and real-time FWA prevention. With a focus on intelligent, miniature, expert systems, they aim to save at least 5 times more than existing FWA solutions
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