Developing a Predictive Model for Healthcare Compliance, Risk Management, and Fraud Detection Using Data Analytics
Abstract
This paper explores the application of predictive analytics in enhancing healthcare compliance, risk management, and fraud detection. With the increasing complexity of healthcare systems, ensuring compliance with regulatory standards and preventing fraud has become an essential aspect of organizational governance. The study examines how machine learning, artificial intelligence (AI), and other data-driven techniques can be utilized to predict and mitigate risks before they escalate into costly compliance violations or fraudulent activities. It provides a detailed review of the regulatory frameworks and risk management models that underpin healthcare compliance, emphasizing the limitations of traditional methods. Furthermore, the paper outlines the role of predictive analytics in transforming healthcare auditing practices, offering case studies where healthcare institutions have successfully implemented these models to detect fraud and reduce compliance risks. Despite its potential, the paper highlights challenges such as data privacy concerns, algorithmic biases, and legal constraints that must be addressed to ensure the ethical and effective implementation of AI-driven compliance systems. Finally, the paper discusses future research opportunities and technological advancements that could further enhance the capabilities of predictive analytics in healthcare, fostering more transparent, accountable, and efficient healthcare systems.
How to Cite This Article
Ernest Chinonso Chianumba, Nura Ikhalea, Ashiata Yetunde Mustapha, Adelaide Yeboah Forkuo, Damilola Osamika (2022). Developing a Predictive Model for Healthcare Compliance, Risk Management, and Fraud Detection Using Data Analytics . International Journal of Social Science Exceptional Research (IJSSER), 1(1), 232-238. DOI: https://doi.org/10.54660/IJSSER.2022.1.1.232-238