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Northrop, Verizon Provide Predictive Modeling to Prevent Medicare, Medicaid Fraud

Northrop Grumman (NYSE: NOC) is leading a team as the prime contractor on the Centers for Medicare and Medicaid Services‘ predictive modeling development task order to examine incoming program claims and identify fraud before payments are made.

The team is using team member Verizon‘s (NYSE: VZ) predictive modeling technology to support CMS’ national fraud prevention program. Northrop is providing program management and contract oversight.

The agency began using the platform that incorporates the technology July 1, 2011.

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