Deloitte has released a new report that recommends a set of approaches the firm believes are needed to address $137 billion in losses to government benefits programs as reported by the Government Accountability Office.
The enterprise approach described in the report incorporates retrospective and prospective strategies, predictive analytics and adaptive techniques, Deloitte said Monday.
“Though modest gains have been realized through audit, compliance, and rules-based monitoring, government agencies can better detect and deter fraud by incorporating advanced analytics into their program integrity strategies,” said Brien Lorenze, a principal at Deloitte & Touche LLP.
Deloitte also presents an overview of what it calls a “holistic program integrity platform” design and the future of program integrity in the report.
The consulting firm recommends federal and state agencies adopt enterprise-level integrity management, build an enterprise strategy, integrate cybersecurity and identity management into program integrity initiatives and adopt data analytics techniques.