Congratulations to 21CT
21CT is a local Austin success story (and a BP3 customer!). Yesterday there was a bit of great news coverage for 21CT’s “Torch” offering on the local news in Austin:
On Monday, Austin company 21CT launches a new computer system called “Torch” to help the state bring scammers to justice.
Torch will collate state data around the clock. The system will monitor frequency of claims, the size of claims and any funny patterns or anomalies.
21CT has grown to over 100 employees, most of them devoted to the crackdown. Company officials say what they are finding is eye opening.
“You know it’s there,” said Kyle Flaherty, Vice President of Marketing for 21CT. “What’s so surprising is how complex and entrepreneurial the fraudsters can be. This is a business for them and we need to disrupt the business they are creating.”
21CT is innovating in an area that hasn’t seen innovation in a long time, if ever. Besides being a customer, 21CT is also the employer of several of our former Lombardi colleagues, so we have two reasons to be cheering for 21CT from the sidelines. When you think about the impact Torch could have on Medicaid fraud and cost-containment, it is staggering.
Check out the full story below: