INFORMS Annual Meeting
Winter Simulation Conference
Nov. 18, 4 p.m.
Data Mining: Failure to Launch Webinar
Feb. 19-20, 2015
Data Analytics for Action & Impact:Transforming Data to Goal-Driven Insight for the Data-Rich yet Information-Poor
Special ArticlesReal estate analytics: three tips to improve corporate productivity
Major corporations across the globe are finding a surprising link to business productivity from the data generated in their real estate operations and portfolio. According to JLL experts, real estate data and analytics should be considered an essential element of how corporations make capital investment and occupancy decisions to improve their overall productivity.Read More
Industry NewsAnyLogic relocates to Chicago
AnyLogic North America, LLC, a simulation modeling software and services company, has moved its North American headquarters from Lisle, Ill., to Chicago. The new address is 20 N. Wacker Dr., Suite 2044, Chicago, IL 60606, inside the historic, newly renovated Civic Opera Building.Read More
Special ArticlesKaplan elected president of INFORMS
Yale School of Management Professor Edward H. Kaplan, whose pioneering work in public health and homeland security has received international recognition and numerous awards, was recently elected president of the Institute for Operations Research and the Management Sciences (INFORMS).Read More
GEHA selects FICO Analytic Solution to intensify fight against insurance fraud, waste and abuse
FICO, provider of analytics and decision management technology, announced that the Government Employees Health Association (GEHA) has upgraded to FICO® Insurance Fraud Manager and will be adding FICO® Blaze Advisor® business rules management systems to help it more broadly and effectively detect and prevent insurance fraud, waste and abuse (FWA).
GEHA is the second-largest national health plan and the second-largest national dental plan for federal employees, retirees and family members, serving more than one million covered lives worldwide. GEHA has been a long time user of FICO analytics to analyze medical claims and fight fraud prior to payment.
With the upgrade to FICO® Insurance Fraud Manager, GEHA can not only monitor medical claims but also can manage pharmacy and dental claims with fraud detection and prevention models, discovering new fraud schemes in additional areas. GEHA also will be using FICO® Blaze Advisor® business rules to proactively evaluate claims and stop known fraud earlier in the process, driving greater efficiency and results.
"Many organizations have adopted FICO's analytics-based solutions to address the enormously costly problem of health care fraud, waste and abuse," said Russ Schreiber, vice president and insurance practice leader at FICO.