Medicare Fraud

Medicare fraud, the intentional misrepresentation of medical billing to obtain higher reimbursements, represents a significant financial drain on the US healthcare system and similar programs globally. Current research focuses on applying machine learning techniques, particularly deep learning architectures like autoencoders and LSTM networks, often coupled with data preprocessing methods such as SMOTE to address class imbalance issues inherent in fraud detection datasets. These models aim to identify patterns indicative of fraudulent activity within large-scale claims data, offering improved accuracy and explainability compared to traditional methods, thereby informing both fraud prevention strategies and resource allocation.

Papers