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Obama administration turns to the private sector

President Obama and the newly appointed Congressional federal debt reduction committee will need to look under every rock to find ways to save money and do things differently. Now, they're getting some help from the private sector.

In June, the federal Centers for Medicare and Medicaid Services awarded a four-year $77 million contract to Northrop Grumman to develop a detection system capable of stopping fraud before it happens.

Based on systems used in the private sector to detect credit car fraud, the techonology, known as predictive modeling, will help identify fraudulent claims before they'...

 

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