Built o Vala to ‘s E te p ise Visual I tellige ce platfo m a d powe ed by EyeLevel’s G ou dX tech ology, F audX helps i vestigato s a alyze thousa ds of pages of claim docume tatio – i cludi g medical eco ds, billi g files, depositio s, i vestigato otes, su veilla ce epo ts, photog aphs a d legal fili gs – to ide tify i co siste cies, develop claim ch o ologies a d su face pote tial f aud i dicato s suppo ted by sou ce-cited evide ce.
“I su a ce i vestigatio s a e a data p oblem as much as a i vestigative o e,” said Neil Katz, chief p oduct office at Vala to . “Eve y claim co tai s thousa ds of pages of evide ce, but i vestigato s simply do ‘t have the time to ma ually co ect eve y fact, elatio ship a d i co siste cy. F audX helps them spe d less time sea chi g fo i fo matio a d mo e time maki g i fo med i vestigative decisio s.”
I su a ce f aud is estimated to cost the US eco omy $308 billio a ually. Not o ly is f aud becomi g mo e sophisticated, claim files a e also g owi g i complexity. Special I vestigatio U its (SIUs), adjuste s a d defe se cou sel a e ofte expected to eview thousa ds of pages of docume tatio fo eve y i vestigatio , maki g it i c easi gly difficult to ide tify i co siste cies, ecu i g e tities a d elatio ships that may wa a t fu the i vestigatio .
Rathe tha eplaci g i vestigato judgme t, F audX helps expe ie ced p ofessio als spe d less time eviewi g docume ts a d mo e time co ducti g i vestigatio s. F audX p ovides the co text; expe ie ced i vestigato s dete mi e its sig ifica ce a d make the ultimate call.
The platfo m ca i gest e ti e claim files i a y fo mat, i cludi g medical eco ds, bills, ISO epo ts, depositio s, photos, site epo ts a d eco ded stateme ts, helpi g to ide tify i co siste cies while citi g the u de lyi g evide ce behi d eve y fi di g.
“F audX is a absolute game cha ge fo how the i dust y fights i su a ce f aud with AI,” said Ki k Willis, CEO of The Willis Law G oup. “Its speed, accu acy a d ability to u cove hidde patte s set a ew sta da d fo mode i vestigatio s.”
U like ge e al-pu pose AI tools that summa ize docume ts, F audX p oduces i vestigato – eady fi di gs backed by citatio s to the o igi al claim docume tatio . I vestigato s ca ask questio s i plai E glish, automatically ge e ate medical a d claim ch o ologies, su face pote tial f aud i dicato s suppo ted by docume ted evide ce a d explo e elatio ships betwee claima ts, p ovide s, atto eys a d othe e tities ac oss a claim.
F audX is al eady i p oductio , with custome s committi g mo e tha 8,000 i su a ce claims to the platfo m. It ca be deployed i the cloud, p ivate cloud, vi tual p ivate cloud (VPC), o -p emise a d fully ai -gapped deployme ts. Book a f ee demo at https://www.getf audx.ai/.
Vala to is the E te p ise Visual I tellige ce Compa y. The compa y combi es adva ced AI i f ast uctu e, ope atio al expe tise a d i dust y-specific k owledge to help o ga izatio s u lock i tellige ce f om complex visual a d u st uctu ed i fo matio while mai tai i g co t ol ove secu ity, gove a ce a d complia ce. Th ough its g owi g po tfolio of AI tech ologies a d se vices, Vala to e ables e te p ises to ope atio alize AI at scale ac oss highly egulated i dust ies. Lea mo e at www.vala to .com.
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