About Castellan Group

Website
Website
Employees
Employees
1-10 employees View all
Industry
Industry
Pharmaceuticals
Location
Location
950 West Valley Rd, Suite 3002, Wayne, PA 19087, US
Description
Information
The Castellan Group is dedicated to the identification and prevention of abuse or fraudulent activity in the healthcare space. The United States spends over $3.3 trillion on healthcare, representing 17.9% of the gross domestic product. This includes over $300 billion for pharmaceuticals, $1 trillion for private insurance, and over $1.2 trillion for Medicaid and Medicare. These vast sums of money can attract abuse and fraudulent activity, activity that the Castellan Group has experience in detecting and preventing. The FBI estimates that between 3% and 10% of all healthcare spending in the U.S. goes toward fraudulent claims. Our service offerings provide both commercial and government entities the data insights and knowledge needed for protection. KnightOwl is a proprietary analytics and insights tool developed by the Castellan Group that identifies abuse and fraudulent activity in a timely manner. KnightOwl was developed based on years of extensive experience, and processes multiple algorithms to ensure all potential fraudulent behaviors can be detected.

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