SOURCE: Ephesoft, Inc.

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December 08, 2015 07:00 ET

Ephesoft Accelerates Federal Government Medicare Fraud Detection Project

$500K Technology Investment in Ephesoft Smart Capture® Automates Medicare Reimbursement Audits

LAGUNA HILLS, CA--(Marketwired - December 08, 2015) - Ephesoft Inc., creators of the industry-leading Smart Capture® advanced document capture platform, announced today that Ephesoft Enterprise has been selected by a leading Federal Systems Integrator to support a Federal Government agency in automating its Medicaid audit practice. The project, valued at over $500K, was managed by Ephesoft solution partner Netlocity, based in La Plata, Maryland.

The agency will use Ephesoft Enterprise to automate its Medicare and Medicaid audit practice. The program's ability to extract meaning from the content found on doctors' notes, lab reports, insurance claims and other unstructured and semi-structured documents will dramatically improve the productivity of the registered nurses and other medical professionals employed to review medical claims for potential fraud, waste and abuse.

"We created our Smart Capture® technology specifically for high-volume, difficult document implementations," said Don Field, Ephesoft's Chief Executive Officer. "It is gratifying to be selected for this important project that helps ensure taxpayer resources and Medicare benefits are used for deserving recipients."

Netlocity integrated Ephesoft Enterprise with the agency's existing technology environment. Ephesoft Enterprise serves as the front end to classify the documents and capture the data, enabling the staff to conduct more efficient case management and effectively uncover fraudulent activities.

"Ephesoft's Smart Capture® technology helped us bring a strong solution and unique capability set to the needs of the Federal agencies' fraud prevention program," explained, Craig Hennessee, Co-Owner of Netlocity. "Our strong IT partnership with Ephesoft and our corporate and federal agency customers allow us to offer seamless end to end solutions that achieve outstanding results."

About Ephesoft:

Ephesoft, Inc. delivers our exclusive Smart Capture® intelligent capture technology on-premise or in a SaaS model. With a focus on efficiency and reliability, Ephesoft has crafted the next generation of intelligent document capture in a simple and cost-effective application. Our superior classification technology allows organizations to automate and streamline mailroom processing and other document-based business processes. Ephesoft is headquartered in Laguna Hills, California, with regional offices throughout the US. Our EMEA operations are managed from Reading, England. The company is undergoing rapid growth and has customers in over 30 countries. To learn more, please visit http://www.ephesoft.com.

© 2015 Ephesoft. Smart Capture® is a registered trademark.

About Netlocity:

Netlocity VA Inc. is a Document Management and IT Solutions provider headquartered in La Plata, Maryland with a branch office in Denver, Colorado. In 2011, Netlocity was awarded a GSA Schedule 70 Contract. Since then, Netlocity has successfully grown sales with federal agencies utilizing this contract. Over the years, Netlocity has earned a stellar reputation for effectively combining Information Technology (IT) strategic management methodologies and technical design, implementation and delivery expertise into practical Document Management and IT Solutions that deliver results. For more information visit www.Netlocity.com

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