Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
PYMNTS
MARCH 2, 2020
By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Instead, she noted, an estimated $240 billion is going out the door to fraud, waste and abuse (FWA). Healthcare in the U.S. is a massive industry. in 2017 on healthcare services.
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