Technological development has introduced breakthroughs in healthcare facilities. Healthcare is just like other industries susceptible to digitalization. AI technology is being used in the medical field to help with everything from digital prescriptions to robotic surgery. By enhancing security and removing the possibility of medical fraud, SaaS medical products also improve the validity of the medical facility. In the medical sector, criminal activity and sensitive data leaks are fast-rising; in 2020, there had been about 29 million occurrences of data breaches documented. At this point, healthcare companies began implementing automated know your patient solutions to protect their reputations and combat fighting fraudsters.
Medical Identity Theft- Destructing Healthcare Sector
Patient identity fraud is committed by a fraudster who uses false identities or stolen health information to carry out their shady activities. The thief typically steals the credentials of the patients in order to get electronic drug prescriptions, benefit from free digital health services, and claim phony insurance coverage for their own financial gain.
Patient identity theft has negative effects that are harsher for patients and healthcare providers alike. The patient’s life is in danger, and the company’s legitimacy is also in doubt.
Process of Know Your Patient Identification
- Similar to the straightforward identification verification method, patient verification operates similarly. When a patient wants to register on a medical site or needs to buy drugs online, this operation is carried out.
- Patients are asked to upload photographs of their official identification documents by using a webcam or cameras on their smartphone.
- To verify patient identity, one must take a live picture to create the 3D mapping of facial features.
- The originality of the submitted identity documents is verified in order to identify the patient. This is accomplished by comparing 3D face mapping with the photo provided in the documents.
- The information included in the documents like the name of the individual and their date of birth is authenticated as part of the age validation process.
- The patient is then subjected to AML testing to see if they have ever been involved in any criminal activities.
- The public healthcare platforms give access to patients based on the verification results following a series of KYP procedures.
Use Cases of Know Your Patient
The technology revolution has opened the door for the creation of creative SaaS solutions that benefit people. Recognize the value of identifying patient services in conducting successful online verification. With the help of biometric technologies, this approach makes it hard to get around the authentication process.
This solution is thought to be reasonably priced and effective at preventing identity fraud. In order to offer patients safe and effective service, the medical industry must employ such solutions.
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Medical Data Privacy
Various regulations and policies governing the protection of sensitive patient information have been adopted by the health regulators, like the Health Portability and Accountability Act. Therefore, every healthcare facility is required to take the application of this number of criteria seriously. Additionally, the behaviors of the patients need to be closely watched to weed out any suspicious activity in order to reduce the danger of data theft, which will be concerning in the future.
Companies that work with personal health information are required to implement technology-driven ID verification for pharmacies and take precautions to protect patient-sensitive information. Otherwise, non-compliance carries severe penalties, including suspensions.
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Age Verification for Digital Drugs
Before sending medications through digital channels, online pharmacies are required to confirm the authenticity of the patients’ identities. Patient age verification is essential to the continued provision of age-specific services and medications by hospital sites and online pharmacies. The companies that plan to sell age-targeted medications must include the perfect set of age check requirements. study complete tweakvip.com
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Overcoming Insurance Frauds
The medical sector is suffering as a result of healthcare data leaks. The patient’s identity, as well as their health insurance data, are among the sensitive information, and if they are compromised, the patient could suffer financial loss in addition to the hospital losing its good name. Additionally, the information is used by criminals to obtain digital prescription services, obtain health insurance, and access medical facilities while posing as real patients. Identity theft has detrimental implications, and falsifying patient data can lead to confusion in medical histories and accounting systems. Learn more about apk
Final Thoughts
In conclusion, the healthcare industry must be protected against suspicious conduct by implementing a know your patient authentication solution because the medical care industry has become a target for illegal activity. One of the factors contributing to the rapid rise in healthcare fraud is the pandemic outbreak, which has made it more difficult to secure the highest level of security. Implementing the know your patient solution is therefore required by regulation in order to wage war on scammers.
