Thomson Reuters (TSX/NYSE: TRI) acquired Pondera Solutions, a provider of technology and advanced analytics to combat fraud, waste and abuse in healthcare and large government programs Acquisition brings additional technology, analytics and human analysis to combat fraud, waste and abuseMINNEAPOLIS and ST. PAUL, Minn., March 19, . Financial terms of the acquisition were not disclosed. 3 mins read. FOLSOM, Calif.-- ( BUSINESS WIRE )--Thomson Reuters (TSX/NYSE: TRI) has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste, and abuse. Predict, detect, & investigate fraud, waste, abuse, & compliance in healthcare and government programs. Jump to Insights into human and health service agencies Resources and solutions Educause 22: Stanford Reflects on 2 Years of Remote Learning, Telework Maintains Strong Foothold Across California Agencies, Election Day: Brace for Misinformation and Post-Election Rumors, California Residents - Do Not Sell My Personal Information. Thomson Reuters Acquires Pondera Solutions Canada NewsWire MINNEAPOLIS and ST. PAUL, Minn., March 19, 2020 Acquisition brings additional technology, analytics and human analysis to combat fraud, wa. Thomson Reuters Acquires Gov Tech Company Pondera Solutions The Ontario-based conglomerate Thomson Reuters now has Pondera's anti-fraud, waste and abuse platform in its suite of business intelligence tools, potentially giving health-care giants greater insight into bad actors. Thomson Reuters Risk & Fraud Solutions can help health and human service professionals quickly streamline investigation workflows, uncover critical or hard-to-find information, and detect and prevent potential fraud, waste, and abuse that may exist within their program. Thomson Reuters Acquires Pondera Solutions Canada NewsWire MINNEAPOLIS and ST. PAUL, Minn., March 19, 2020 Acquisition brings additional technology, analytics and human analysis to combat fraud, wa. Thomson Reuters works with government agencies at the federal, state, and local level with solutions and resources to improve . from 8 AM - 9 PM ET. +1 916 389 7800 Business Location. Pondera Solutions was acquired by Thomson Reuters on March 19, 2020. . Ben Miller is the associate editor of data and business for Government Technology. The acquisition of Pondera Solutions will enhance the offerings in the risk, fraud and compliance space and will allow Thomson Reuters to expand on its strategic approach to deliver insight through advanced analytics, artificial intelligence and human expertise. Helping Government Agencies Mitigate Risks | Prevent Fraud | Advance Investigations & Public Safety | Thomson Reuters CLEAR and Pondera Solutions Minneapolis, Minnesota, United States 720 . CEO, Pondera Solutions, Thomson Reuters and Pondera share a commitment to serve customers with solutions that reduce fraud by individuals targeting government programs. Before that, he was a staff writer for Government Technology, and previously was a reporter and editor at community newspapers. by Sarah Sybert. Pondera will be a key component to the suite of tools available to government customers that use technology, data and human analysis to support their mission and benefit their communities., Government agencies offer and operate some of the largest programs in the world, and that fact alone makes them targets for illicit gains through fraud, said Jon Coss, CEO and founder, Pondera Solutions. Pondera Solutions, a portfolio company of Serent Capital, is a leading provider of technology and advanced analytics to combat fraud, waste and abuse in healthcare and large government programs, Ponderas core detection system, FraudCaster, helps their clients detect and prevent hundreds of millions of dollars in improper payments by leveraging advanced analytics, AI and human intelligence, Pondera Solutions was founded in 2011 and is headquartered in Folsom, CA, Thomson Reuters is a leading provider of business information services, Thomson Reuters products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the worlds most global news service Reuters, Thomson Reuters is headquartered in Toronto, Canada and Eagan, Minnesota with offices worldwide, Serent Capital is a leading lower-middle market private equity firm focused on investing in high growth service and technology businesses, Serent strives to be an involved, value-added investor, capable of providing significant operational and strategic support to their portfolio companies on the most critical issues as they scale, Serent Capital was founded in 2008 and is headquartered in San Francisco, CA, Shea & Company served as the exclusive financial advisor to Pondera Solutions. Your contribution to Hope For the Warriors provides direct support for service members, veterans . The Pondera brand and staff will remain. Humble ISD Grows CTE Program Starting in Middle School. This is Thomson Reuters' 5th transaction in California. | August 19, 2022 Out of 60 sectors in the Mergr database, information technology ranked 1 in number of deals in 2020. Mar 2020 - Present2 years 9 months. We're here to support you. 1681 et seq . 5d Program Managers Use Fraud Detect to review trends with your team for a comprehensive view of a program participant's information, behaviors, and transactions. Financial terms of the acquisition were not disclosed. Acquisition brings additional technology, analytics and human analysis to combat fraud, waste and abuse. For more informationon Thomson Reuters, visittr.comand for the latest world news,reuters.com. Get smart with GovTech. Toronto-based Thomson Reuters, a provider of business information services, has acquired Pondera Solutions. Founded in 2011, Pondera Solutions is based in Sacramento and has an office in Florida. Thomson Reuters Acquires Gov Tech Company Pondera Solutions March 19, 2020 Andrew Westrope Shutterstock/Osugi Pondera Solutions, a GovTech 100 company that makes analytics tools to. +1 916 389 7800 Call us or submit your email and a sales representative will contact you shortly. Fraud Detection, Compliance Analytics, and Case Management for Government Agencies TRI 0.38%. Partnering with government and law enforcement for identification, locate, verification & investigative needs. FOLSOM, Calif.--(BUSINESS WIRE)--Thomson Reuters (TSX/NYSE: TRI) has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste, and abuse in healthcare and large government programs.Thomson Reuters serves government agencies at the federal, state and local levels with solutions and resources to improve efficiencies, diminish risk and reduce fraud. Questions about Fraud Detect? Since 2016, identified 75,000 beneficiary leads = $36 million in savings and a 15X ROI In one state, duplicate payment model identified over $130 million in duplicate payments Questions about Fraud Detect? Among the changes was. +1.651.848.4298 Thomson Reuters recently announced that it is buying Pondera Solutions which is a leading provider of technology and advanced analytics to combat fraud, waste, and abuse in healthcare and large government programs. sec. Pondera Solutions, part of Thomson Reuters | 985 followers on LinkedIn. Their core detection system, FraudCaster, helps their clients detect and prevent hundreds of millions of dollars in improper payments in health plans and government programs. Your guide to technology in state & local government. FOLSOM, Calif.--(BUSINESS WIRE)--Thomson Reuters (TSX/NYSE: TRI) has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste, and abuse in healthcare and large government programs.Thomson Reuters serves government agencies at the federal, state and local levels with solutions and resources to improve efficiencies, diminish risk and reduce fraud. We have taken the latest technology and advanced analytics to help our clients combat fraud and waste, and by joining Thomson Reuters, we will be able to offer even more to help customers with key insights to minimize risk and reduce fraud.. | Pondera Solutions leverages advanced prediction algorithms and the power of cloud computing to combat fraud, waste, and abuse in government programs. Our core detection system, FraudCaster, helps our clients detect and . For Pondera Solutions, . Get smart with GovTech. Pondera SolutionsPondera Solutions leverages advanced analytics, AI, and human intelligence to help government and commercial healthcare programs maintain compliance and detect fraud, waste, and abuse. He has a bachelors degree in physiology from Michigan State University and lives in Northern California. Use Slintel to connect with top decision-makers at Pondera Solutions, part of Thomson Reuters. Find useful insights on Pondera Solutions, part of Thomson Reuters's company details, tech stack, news alerts, competitors and more. We're here to support you. Aaron Terrazas AT&T- Retail Store Manager . MINNEAPOLIS and ST. PAUL, Minn., March 19, 2020 /PRNewswire/ --Thomson Reuters(TSX/NYSE: TRI) today announced that it has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste and abuse in healthcare and large government programs. Thomson Reuters has acquired Pondera Solutions, a leading provider of technology and advanced analytics to combat fraud, waste and abuse . The acquisition of Pondera Solutions will enhance the offerings in the risk, fraud and compliance space and will allow Thomson Reuters to expand on its strategic approach to deliver insight through advanced analytics, artificial intelligence and human expertise. This is Thomson Reuters' 12th transaction in the Information Technology sector. "We have taken the latest technology and advanced analytics to help our clients combat fraud and waste, and by joining Thomson Reuters, we will be able to offer even more to help customers with key insights to minimize risk and reduce fraud.". Contact us Fraud Detect support +1 916 389 7800 Call us or submit your email and a sales representative will contact you shortly. On March 19, 2020, Thomson Reuters Corp. acquired information technology company Pondera Solutions from Serent Capital Acquisition Highlights. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the worlds most global news service Reuters. Pondera combines modern detection algorithms with expert human analysts to deliver analytics with context. Get details for Pondera Solutions, part of Thomson Reuters's 4 employees, email format for ponderasolutions.com and phone numbers. Pondera Solutions, part of Thomson Reuters 8mo A Florida owner of multiple telemedicine companies with orchestrating a health care fraud and illegal kickback scheme that involved the submission. Folsom, California, United States. Where can you find out what disaster risks your property faces? Thomson Reuters and Pondera share a commitment to serve customers with solutions that reduce fraud by individuals targeting government programs, said Steve Rubley, president of the Government business for Thomson Reuters. "Thomson Reuters and Pondera share a commitment to serve customers with . Sidebar Ads. Pondera Solutions was acquired by Thomson Reuters on March 19, 2020. "Thomson Reuters and Pondera share a commitment to serve customers with solutions that reduce fraud by individuals targeting government programs. Contact us BY ANDREW WESTROPE / MARCH 19, 2020 SHUTTERSTOCK/OSUGI Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news service Reuters. This is Thomson Reuters' 30th transaction in the United States. ", "Government agencies offer and operate some of the largest programs in the world, and that fact alone makes them targets for illicit gains through fraud," said Jon Coss, CEO and founder, Pondera Solutions. Prioritize caseloads and reduce rework with a robust time tracking and reporting system that allows teams to document case and non-case hours. This acquisition will allow Thomson Reuters to expand on its strategic approach to deliver intelligence through analytics, AI and human . Pondera will be a key component to the suite of tools available to government customers that use technology, data and human analysis to support their mission and benefit their communities." Aaron Terrazas Chief Economist, Glassdoor Seattle, WA. Information TechnologyCompany. MINNEAPOLIS and ST. PAUL, Minn., March 19, 2020 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today announced that it has acquired Pondera Solutions, a leading provider of technology and. President, Government, Thomson Reuters. Pondera Solutions leverages advanced prediction algorithms and the power of cloud computing to combat fraud, waste, and abuse in government programs.