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NICB Renews Verisk Contract to Manage Aggregated Medical Database
Last verisk analytics, inc. earnings: 2/18 04:30 pm
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US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
JERSEY CITY, N.J., Feb. 25, 2020 (GLOBE NEWSWIRE) -- Verisk [Nasdaq:VRSK], a leading data analytics provider, announced today that the National Insurance Crime Bureau (NICB) has renewed its contract for the third time to host and maintain the Aggregated Medical Database (AMD). The partnership has resulted in the development of the AMD’s award-winning platform to identify medical provider fraud for NICB and its member companies. “We’re committed to delivering the highest-quality service, and our ongoing collaboration with Verisk is yet another reason NICB continues to be the thought leader when it comes to insurance fraud and theft,” said Joe Wehrle, president and CEO of NICB. “It’s in the best interest of NICB, our members, and law enforcement partners to use medical and prescription billing data to create innovative solutions that combat medical fraud.” Identifying suspicious behavior in provider billing offers an opportunity for property/casualty insurers to contain expenditures
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