Fraud, Waste & Abuse need not be a major concern with Jvion’s RevEgis

Healthcare fraud waste and abuse affects everyone either directly or indirectly where billions of dollars are lost annually. These losses in turn lead to skyrocketing healthcare costs and ever increasing insurance premiums. The sheer size of the healthcare sector and the money involved facilitates the need for a robust hospital fraud waste and abuse solution to reduce costs associated with the healthcare system.

Use an Intelligent Healthcare System

Unstructured Data use within healthcare holds the key to the development of intelligent healthcare systems. Clinical data is innately complex and 80 percent of all data remains unstructured. However, the important part is realizing value from big data. Healthcare fraud is a reality where individuals and organizations perpetrating fraud are a constantly evolving group looking to make the most of loopholes in the healthcare system. Equally important is healthcare abuse where a fraction of providers believe they can beat the system and earn profits through unwanted surgeries and exaggerated claims. Then again, waste is another major factor that indicates inefficiencies in administrative and operational levels.