Press Releases

EDIWatch Joins Arizona's Fight Against Medicaid Fraud

 

ATLANTA, Jan. 25, 2011 /PRNewswire/ -- EDIWatch, Inc., a leading provider of anti-fraud solutions to the healthcare industry and The Arizona Medicaid Agency, Arizona Health Care Cost Containment System (AHCCCS), Office of Inspector General are pleased to announce the signing of a three-year contract.  The contract will provide a software system that will enable investigators and auditors to analyze detailed claims in order to spotlight patterns of suspicious behavior.   AHCCCS is committed to providing affordable healthcare to citizens at the lowest cost to taxpayers.  Combating fraud, waste and mismanagement, through the use of technology is one way to control costs.

EDIWatch was selected after a comprehensive procurement process and has already begun working on the project.   AHCCCS plans to implement EDIWatch's Intelligent Investigator and Trail Tracker products statewide in early 2011.

" EDIWatch already provides anti-fraud technology to a significant portion of the country's Medicaid managed care organizations," said Arjomand Rahimzadeh, President of EDIWatch.   "This new partnership with AHCCCS will allow us to greatly expand our offering in the public-paying sector.  Our focus will continue to be on developing cutting-edge technologies that enable our partners to achieve their overall goals. With Medicaid costs stretching state budgets past the breaking point, we are delighted to be a vital part of the solution to this critical issue in Arizona."

About EDIWatch, Inc.

EDIWatch, a privately-held company incorporated in 1999 and headquartered in Atlanta, GA, is one of the premier providers of focused anti-fraud solutions to the healthcare payer industry.   EDIWatch offers a breakthrough suite of reliable, innovative products and services that address all three objectives of an anti-fraud initiative: detection, recovery, and prevention. Active clients include commercial health insurance plans, health maintenance organizations, and Medicare/Medicaid managed care organizations. EDIWatch solutions improve productivity, efficiency, interdepartmental communication, and maximize bottom-line savings. For more about EDIWatch, visit www.ediwatch.com.

SOURCE EDIWatch, Inc.

>To order reprints of this article, click here: Reprints

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.26
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet