mr. seto bagdoyan. can you or expand on this antifraud strategy.other benefits you been able to assess and mitigate the risk of fraud? >> thank you for your question. madam chairman. strategy is basically a roadmap that allows an agency in this case, cms, to meet its mission. it has objectives within the mission and it has a capacity, there is a symmetry usually between the two. in antifraud strategy is designed to close the gap in terms of meeting the mission while also achieving fraud management. the strategy is the best way to organize and target desperate measures that cms and cpi have in place already. plus anyone that might be needed to target those against prioritized risks. he certainly cannot address each and every risk but you have to prioritize them in a strategy that provides the best roadmap to do so. >> what wouldn't effective antifraud strategy look like? and can you talk a little bit about what other agencies or entities that have successfully conducted fraud risk assessment using the fraud risk framework and how that has informed a

mr. bagdoyan. >> -- it allows cms to meet its mission. there is asymmetry between the two, the antifraud strategy is designed to close the gap in terms of meeting the mission, while also achieving fraud management. now, a strategy is the best way to organize and target the measures that cms and cpi have in place already, plus any new ones that might be needed. to target those against prioritized risks. it certainly cannot address each and every risk. you have to prioritize them and a strategy provides the best roadmap to do so. >> okay, what would an effective antifraud strategy look like, can you talk a little bit about what other agencies or entities have successfully -- fraud. >> just a follow-up, a strategy is basically the result of performing a risk assessment, in which you identify all of the risks that are facing a particular program. and then you create a risk profile, which is essentially a documentation from the assessment. there could be various assessments, certainly. and, the profile identifies and -- in priority order, the