/PRNewswire/ Healthcare Fraud Shield (HCFS), a leading provider of fraud, waste, abuse, and error (FWAE) protection solutions for the healthcare insurance.
CHICAGO, Oct. 15, 2021 /PRNewswire/ According to the new market research report "Healthcare Fraud Analytics Market by Solution Type (Descriptive, Predictive, Prescriptive), Application (Insurance
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Healthcare Fraud Shield Announces Growth Investment by Charlesbank Capital Partners
Charlesbank Capital PartnersJanuary 13, 2021 GMT
CHESTERFIELD, Mo., Jan. 13, 2021 (GLOBE NEWSWIRE) Healthcare Fraud Shield (the “Company” or “Healthcare Fraud Shield”), the leading provider of Fraud, Waste and Abuse (“FWA”) detection software to healthcare payers, announced today that Charlesbank Technology Opportunities Fund, a fund managed by Charlesbank Capital Partners, has invested over $50 million in the Company. Healthcare Fraud Shield’s FWAShield™ platform is the most advanced and effective solution in the market, and this investment will allow the Company to accelerate its existing investments in proprietary analytics, artificial intelligence, new products and customer service. Prior to this investment, Healthcare Fraud Shield had not taken any institutional equity.