Advanced technology is helping out the health care sector to stand firm in the modern world where a number of increasing frauds are impacting businesses. To make customers’ experience better the digital health care businesses are dispatching online services due to which the fraudsters are getting great opportunities to make the patients as well the health care institutes victims of their fraud.
Medical identity theft is more frequently happening in the medical businesses due to lack of data security in healthcare. The reputation and the trust of the digital media platform are at stake. For sustainability, the health care business is obliged to adopt the Verify Patient identity process to save their reputation and to become trustworthy.
What Is Patient Identity Theft?
The patient identity is referred to the health care fraud when the fraudster steals someone else identity and medical identity documents to avail health care services for example medical treatments, online prescription, claiming insurance rewards, and numerous other facilities which health care centers are intended to provide. Patient identity theft is widely spreading in the healthcare industry that has some serious consequences for the hospital, insurance cooperates, and the patients who become the victims of identity fraud.
Importance Of Identity Theft
The know your patient (KYP) is derived from the key concept of knowing your customer(KYC) which is intended to build the defensive line for the health care business in the form of patient identity verification via online channels. The medical care sector is facing an uprising of multiple frauds including patient data breaches, identity theft, etc due to the lack of healthcare privacy and security.
Thus keeping in mind the adverse situation know your patients is of great importance in the healthcare industry. Verifying patient identity is the first step to put off the cybercrimes, online prescription fraud, and patient data breaches. This automated patient identity verification process makes peace of mind for the health care business owners that they are facilitating the patient with a real identity.
The imposter tends to breach the security systems of the hospitals and obtains the patients’ identity to get access to the identity-related information including the documents, which afterward is used for manipulating the system which results in an alarming situation for the patient. Therefore KYP checks can prevent identity or credentials theft and saves the medical care center from data breaches.
Moreover, this also helps to verify the age of the customers before providing them online prescription services. Such checks ensure promising results and also become the source for making medical care institutes trustworthy and reliable.
Working Of Know Your Patient Process To Prevent Healthcare Fraud
Verify Patient identity is set mandatory for the health businesses holder to implement in the registration process
- In order to open an online account for the online pharmacy or hospital service portal, the system will automatically ask the patient to provide an identity document such as an ID card, driving license, or passport having a patient picture imprint within them.
- Then the patient has to take a selfie from the camera and upload it. The face biometric verification feature verifies the patient by matching the selfie from the picture placed in the identity documents. If both the photos are exactly the same the patient proceeds to the next step of verification
- Age verification is also done by extracting information like name and date of birth from the identity documents. Moreover, to make this verification more accurate, facial verification is also done to ensure the physical presence of the patient at the time of registration. This is done to make age oriented service protected from minor exploitation
- AML screening is also done on the patients to determine their involvement in any criminal activities
Benefits Of KYP Verification
- Patients Data Confidentiality
The set of standards and patient data privacy policy are established through the health insurance portability and accountability act for health care industries. This set of guidelines need to be followed to make the patients’ sensitive personal information private.
The data flow is to be monitored on a daily basis to prevent the risk of data breaches by which the patient can face severe harm. The health care industries are obliged to strengthen the patient identity verification process in order to avoid hefty fines from the regulators and to save the reputation of the business.
- Prevents Minors’ From Exploitation
Age verification is very necessary for the healthcare industry in order to prevent the exploitation of age-restricted services. Know your patient checks are capable of preventing minors from exploitation. After the most advanced facial biometric verification process, the patient is able to access age-oriented services. Keeping safety measures top-notch digital id verification for pharmaceutical in the United Kingdom is mandatory for the online health business which tends to prove online prescriptions
Final Thoughts
The number of increasing multiple frauds in the healthcare sector is damaging their reputation. The patients are not finding healthcare know your business trustworthy and are under constant fear of becoming victims of medical identity fraud. To put a stop to medical frauds, verify patient identity checks are mandatory for the health sector to become trustworthy among the patients and to provide seamless service while deterring the risk of medical frauds.
Because of the present pandemic, healthcare is changing. The services they deliver to patients are becoming increasingly computerised. It is evident that they manage a significant amount of data on a daily basis because of their massive transactions with clients on a regular basis. As a result, it’s critical that they collect and monitor this information properly.
They must meet Know Your Patient (KYP) criteria to authenticate the identity of patients for compliance rules such as HIPAA.As more digital health systems enter the market, the requirement for reliable online medical diagnosis is becoming increasingly urgent. Know your patient guarantees that medical providers can provide seamless identity verification while onboarding new patients.
Knowing your patient secures details that could otherwise be a source of growing healthcare cyber crime. Patients’ credit card histories are directly affected, they lose financial protection, so they may even face prison time for prescription drug use as a result of these data breaches.