Know Your Patient

Know Your Patient – An all-in Solution to Protect the Healthcare Industry

Crime operatives are also becoming more sophisticated, using technology-enabled tools to exploit security systems and access patient data. Therefore, the consequences of Medicare scams are much worse than in other industries. In addition, the outbreak of the coronavirus has increased the challenge for Medicare companies to keep patient records safe and improve cybersecurity measures. 

Data breaches are also a steady concern, highly patient data violate and Verify Patient Identity and personal information stealing. The ultimate reason behind health fraud is to get involve in financial transactions. Therefore, criminals deliberately commit fraud to gain financial benefits along with free medical benefits. Therefore, this is a disturbing situation for global regulators, not just the healthcare industry, to develop well Know Your Patient laws to protect digital healthcare operations. 

Patient Verification –  Healthcare Essentials Knowing 

Patients come from the core concept of knowing customers who helped financial institutions save money from losses and fight criminal activity. KYP is creat to keep the medical industry safe and reduce crimes such as false claims, theft of patients’ personal information, and data breaches. Regulatory authorities require drug identification to ensure the confidentiality of data. In addition, Patient Verification controls grantees to prevent data violation, false requests, and online medicine fraud. It also protects the patient’s ID, avoids using the patient’s ID in place of the patient’s ID, and improves the security of medical data.

Know Your Patient (KYP) – His Workflow 

Like Know Your Customer, Medicare regulators have introduced the Know Your Patient (KYP) regulation. This regulation requires healthcare companies to have rigorous identification solutions. That can accurately exclude malicious individuals by identifying the patient’s true identity. By receiving personal information, and verifying and authenticating identification. Healthcare companies are fairly confident that a legitimate patient with genuine identity is on board. 

Patients need to provide personal information in order to access online medical services. This information includes your name, date of birth, insurance information, and other relevant data to help you verify your identity. The patient is then asked to upload a scanned copy or photo of the official ID. Verification for Pharmacies such as an ID, or driver’s license. Documents are strictly certified to verify that they are genuine or intentionally forged. 

Next, the patient needs to present his face through a biometric camera of his face. If the Identity Verification Solution uses 3D live spotting to decide. If a patient was provided at the time of onboarding. The anti-faking attribute also catches if you are using a 2D / 3D face mask. Confirmation of the patient’s age also perform to determine the actual age. For this purpose, you need your date of birth. Patients are also screen for AML compliance to verify that they are not on the sanctions list or are at no potential risk. Eventually, the generated effects are sent to the client and a copy store in the administration.

Patient Age Verification – Effective Ways to Reduce Medicare Crime 

Patient Age Verification plays an important role in reducing the increase in personal information theft. Age verification regulations and legislation are important to both the interests of patients and drug distributors. This procedure can lead to drug addiction, as the minor leagues may control the system to secure drugs that are not appropriate for them. And fetching ratable drugs can be terminal. KYP was created to keep the medical industry safe and reduce crimes. Such as false claims, theft of patients’ personal information, and data breaches. Regulatory authorities require drug identification to ensure the confidentiality of data.

it is most important to check the patient’s age, as such suspicious situations can occur. Healthcare providers need to collect information through appropriate KYP checks that meet regulatory compliance and prevent trivial exploitation. Therefore, criminals deliberately commit fraud to gain financial benefits along with free medical benefits. This is a disturbing situation for global regulators

Final Thoughts As 

Technology booms, and it is clear that the healthcare industry has also been reshaped. Opening up opportunities for both patients and fraudsters. Identifying Patients digitally service while fraudsters operate the healthcare business. The medical industry tends to process sensitive patient information by requiring advanced security measures in hospitals. And healthcare without compromising the confidentiality of the information. Therefore, the healthcare industry needs state-of-the-art solutions to prevent such suspicious activity. The KYP Digital Verification Solution is perfect for preventing rogue activity.

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