Codoxo Releases Trends and Predictions Report for Healthcare Cost Containment in 2023
Summary
Compiled by Codoxo leaders and domain experts, this second annual roundup of industry trends for fraud, waste and abuse (FWA) and payment integrity highlights factors affecting FWA growth, measures being adopted by healthcare organizations to battle it, and reforms taking shape in healthcare payments, among other trends. Unfortunately, these costs are often passed along to members via higher insurance premiums and reduced quality of care,” explains Musheer Ahmed, Ph.D, Codoxo CEO and Founder. With 89% of Americans using digital payment tools, healthcare companies are being forced to adapt and respond, including revamping outdated billing methods and siloed data systems. As a result, they are proactively seeking innovative FWA and payment integrity solutions that can build connections across all data points and detect problems earlier and with greater accuracy. Our software-as-a service applications are built on our proven Forensic AI Engine, which uses patented AI-based technology to identify problems and suspicious behavior far faster and earlier than traditional techniques.
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