TRAP has found over $1.3 billion in fraud and overpayments for our customers, while also helping clients begin to recover their losses.
All of these discoveries were fueled by our exclusive HOPS technology which can digest and analyze enormous quantities of raw data in seconds.
Outcomes:
Uncovered over $100 million in potential Medicaid fraud for the Commonwealth of Massachusetts.
Processed over 360 million rows of Medicaid claims for the Florida Agency for Health Care Administration, identifying $25 million in potential overpayments.
Helped the Centers for Medicare & Medicaid Services crack a $200 million fraud ring.
Processed 2.1 million financial records a day for First Data Merchant Services.
Analyzed 198 million claims and identified more than $167 million in potential fraud for the State University of New York.
Closed 100 labs linked to a medical scam bilking $150 million a year from taxpayers.
Stopped a durable equipment scam involving sneakers, beds and other products costing over $30 million a year.
Accompanying professional services box: We design and deliver solutions for clients in the government, health and financial sectors.
First Data Merchant Services University of Massachussetts Chase Merchant Services Florida Fraud Ring Home Health Services Lab Fraud Ring Pharmacy Shopping View our Case Studies >