Miriam Friedel, PhD participated in APQC’s Data Driven by Design series. Organizations cite establishing a data-driven culture as their top challenge when it comes to data and analytics. To help address that challenge APQC posed the question: What is the role of the human mind (i.e., intuition, experience, acumen) in a business environment that's becoming increasingly automated and data driven?
Miriam Friedel Discusses Humanity's Role in a Data-Driven Future with APQC
Postal Service Busted Up a Billion-Dollar Drug Problem with Data
Kelly Tshibaka, chief data officer within the Postal Service’s OIG, revealed the impact of using a fraud detection solution called RADR developed by Elder Research to investigate a spike in health care costs revolving around workers’ compensation claims and spending on prescription drugs at the Department of Labor. The increased spending was a coordinated effort between several parties attempting to fleece the government for millions of dollars. The scam focused on compound drugs, which allows multiple medications to be blended into a single pill but is billed full price for each medication.
In total, the Office of the Chief Data Officer she heads has used analytics to peruse millions of pages of paperwork to produce more than 500 leads for investigators across the $13 billion the Postal Service spends on contracts annually, with “only one of them a false positive.”
“Last year, our tools and models helped us contribute to $920 million in findings,” Tshibaka said. “Anyone in the position of having to do more with less? Your answer is data analytics.” Read more.
Data Analyst, Halee Mason, Discusses Her Experience with UW Master of Data Science Program
The path to a data science career often takes unexpected twists and turns. Data scientists have professional backgrounds as varied as journalist, systems developer, or—in the case of University of Wisconsin Master of Data Science student Halee Mason—lab scientist. Halee shares how she went from lab scientist to data scientist, what drew her to this particular program, and what advice she would give to someone considering a data science degree. Read the interview.
Elder Research Wins $100M BPA to Support the Securities and Exchange Commission OCIE
Under this eight year blanket purchase agreement for the National Examination Program Support Services (NESS) contract, Elder Research is eligible to compete for task orders and is responsible for Asset Verification, and Analytics and General Support. The National Exam Program strives to promote compliance, prevent fraud, monitor risk, and inform policy for the U.S. Securities and Exchange Commission Office of Compliance Inspections and Examinations (OCIE).