How do Healthcare Auditors Find Mistakes? Meet Benford’s Law

Likely, you have never heard of Benford’s Law, but we can guarantee that it has impacted your daily life in more ways than you can ever realize. The principles of the law have been baked into auditing practices, accounting systems, and yes, even healthcare platforms. But, what is it? Benford’s Law, also known as the “First-Digit Law,” is a mathematical principle that states that in many naturally occurring datasets, the leading digits of numerical values…