Yesterday we posted what @MiddeskHQ found when we cross-referenced the @DOGE_HHS dataset against our business identity infrastructure.
300K+ views later, people are asking: what does this fraud actually look like up close? ๐งต
HHS just open-sourced the largest Medicaid dataset in history. About $1T in claims data, free for anyone to analyze via @DOGE_HHS. Everyone's looking at what was billed. At @MiddeskHQ, we're looking at who's behind the billing.
Here's what we found ๐งต
AI models aren't the constraint for business identity. Business data is.
Middesk CEO Kyle Mack joined Reggie Young on Fintech Layer Cake (presented by Lithic) to talk about why automation in fintech depends on the quality of the identity layer beneath it.
Middesk works with roughly 400 government agencies across the U.S. to bring primary-source business data into onboarding and risk workflows. Without complete, reliable data, it's difficult to distinguish a fraudulent entity from a legitimate company that incorporated three days ago. And impossible to automate decisions with confidence.
That layer has to be right before anything else can scale.
https://t.co/RvYK0F05tV
Yesterday we posted what @MiddeskHQ found when we cross-referenced the @DOGE_HHS dataset against our business identity infrastructure.
300K+ views later, people are asking: what does this fraud actually look like up close? ๐งต
HHS just open-sourced the largest Medicaid dataset in history. About $1T in claims data, free for anyone to analyze via @DOGE_HHS. Everyone's looking at what was billed. At @MiddeskHQ, we're looking at who's behind the billing.
Here's what we found ๐งต
Yesterday we posted what @MiddeskHQ found when we cross-referenced the @DOGE_HHS dataset against our business identity infrastructure.
300K+ views later, people are asking: what does this fraud actually look like up close? ๐งต
HHS just open-sourced the largest Medicaid dataset in history. About $1T in claims data, free for anyone to analyze via @DOGE_HHS. Everyone's looking at what was billed. At @MiddeskHQ, we're looking at who's behind the billing.
Here's what we found ๐งต
This is one cluster.
Across our analysis, we found networks of providers totaling $1.7B in Medicaid payouts linked through shared addresses, officers, and formation patterns.
The truth is mapping these connections is difficult, it requires broad data access, tooling, and strong analytical research.