VeriClaim is one of the leading Internet-based fraud solutions available in today. Clients, including government agencies and Medicaid and Medicare providers, use the system to find and control overpayments and billing scams, quickly recovering misapplied funds and lost revenue.
Because VeriClaim is not a shrink-wrapped, automated tool, your analysts can plug in a variety of data ranges. This flexibility gives your trained employees and our team of investigators the power to parse huge quantities of raw data - including individual claims containing diagnoses and treatments - to uncover billing delays, incorrect coding and other subtle patterns of fraud.
From their own PCs in the field, multiple users can simultaneously access the system through a secure Internet connection, allowing them to query files loaded into our data center. VeriClaim was created by TRAP Systems in conjunction with Dr. Malcolm Sparrow, the nation's top fraud control expert and author of "License to Steal."
Advantages include:
Built with our exclusive HOPS technology, which gives VeriClaim a rapid and accurate importing process, enabling fast turnaround of meaningful results.
Fresh algorithms are continually installed to root out emerging fraud schemes.
Can handle multiple, massive and disparate databases.
Easy, quick and inexpensive to install.
"With TRAP's assistance, we have successfully implemented the most comprehensive web and e-mail based transaction reporting system in the payment processing industry." - CEO and President - Chase Merchant Services, L.L.C.
First Data Merchant Services
University of Massachussetts
Chase Merchant Services
Florida Fraud Ring
Home Health Services
Lab Fraud Ring
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