Since 2008, there has been a growing number of healthcare data breaches as well as a rise in medical identity theft and fraud. In four of the largest healthcare breaches in 2015 alone, nearly 100 million patient records were compromised. This shocking information only proves one thing – criminals are targeting the healthcare industry in growing numbers – and they aren’t stopping any time soon.
Medical identity theft has become a key area of focus for fraudsters due to the amount of the valuable information that’s included in an individual’s electronic health record (EHR). With this stolen data, fraudsters are able to open and gain access to financial accounts, access and fill prescriptions, file fraudulent tax returns and more.
The emergence of online, cloud and mobile access to medical records means that organizations need to fortify their identity verification and fraud prevention programs – now. The good news is that it’s easy for a company to do this. Implementing a robust and multi-layered id verification and fraud prevention platform helps protect the privacy of your customers, whether they are patients or physicians.
IDology recently launched an overview video on how our solutions benefit those organizations operating in the healthcare industry. Watch it now:
How Can IDology Help?
IDology prides itself on being an innovative technology solutions provider. We are constantly evolving and keeping up with the trends of fraudsters. With our multi-layered and dynamic platform, customers are able to implement changes in real time.
The IDology Verification and Fraud Prevention Platform enables healthcare organizations to streamline the legitimate patient and provider experience with minimal friction while only escalating the transaction when potential fraudulent activity is found.
Ultimately, we minimize friction for the legitimate patient and/or provider while escalating the transaction only when needed. This helps stop fraud and establishes a higher level of trust within your community.
Solutions for the Healthcare Industry:
Identity Verification. IDology’s ExpectID solution helps verify identity for account onboarding and user access.
Age Verification. ExpectID Age allows users to verify age of patients ordering age-restricted items online.
Dynamic Knowledge Based Authentication. IDology’s ExpectID IQ is a dynamic knowledge-based authentication solution that helps with password resets and higher levels of identity verification.
Customer Based Authentication. ExpectID Customer Based Authentication gives you the ability to write and generate your own questions using proprietary data behind your firewall.
Photo ID Verification. ExpectID Scan allows you to bring identity verification to a higher level by scanning and verifying a user’s ID or passport.