Fraud Prevention & Payment Optimization: A Fireside Chat with Nuvance Health
May 22 @ 3:00 pm - 3:45 pm EDT
Join us for an engaging fireside chat as we dive into how Nuvance Health transformed its vendor management process to prevent fraud and optimize payment strategies proactively.
Scott Skrzypczak, AVP of Operations and Procure-to-Pay at Nuvance Health, will share real-world insights from their journey:
- How PaymentWorks enabled real-time vendor verification and ACH indemnification, helping Nuvance meet critical compliance standards.
- The transition from manual, risk-prone vendor vetting to an automated, secure system.
- Building a Vendor Integrity Team that safeguards against fraud and drives payment optimization, including major growth in commercial card and accelerated ACH programs.
- How Nuvance caught three legitimate fraud attempts and saved $80,000 in the first year of implementation.
- The growing importance of cybersecurity and vendor integrity in the healthcare sector, and lessons applicable across industries.
Moderated by Brian Anderson from PaymentWorks, this session will also explore strategies for turning traditionally cost-heavy departments into ROI-positive functions, all while strengthening organizational security.
If you want to modernize your vendor onboarding process, enhance fraud prevention, and maximize financial efficiency, don’t miss this conversation!
