Timeline & History
Built around the revolutionary HOPS technology, our business has blossomed in 23 years. Our early expertise – finding and controlling fraud for Medicaid and Medicare providers, remains a cornerstone. In time, we partnered with private companies and government agencies to track and analyze all expenditures and transactions, helping them comply with regulatory rules, meet contract obligations and recover hundreds of millions of dollars in overpayments.
Market Events:
2001 – TRAP finds more than $25 million in potential Medicaid overpayments for State of Florida
2000 – TRAP detects $16 million in Medicare fraud for Commonwealth of Massachusetts
1999 – Chase Merchant Services contracts with TRAP for financial data analysis
1998 – First Data Merchant Services contracts with TRAP to establish high-performance data warehouse system
1997 – TRAP Systems controls Medicare fraud for Blue Cross/Blue Shield of Florida
1992 – Liberty Mutual Insurance Co. hires HOPS International
15105 N.W. 77th Avenue, Miami Lakes, Florida 33014
T. 305 827.8600 / F. 305 827.0999 info@trapsystems.com
