Medical care is among the most sensitive services which are offered to society. Patient Information is their private property thus keeping them confidential is the duty of health care centers. To provide services while coping with healthcare privacy and security provided by the regulators the verification officers have to get access to the patients’ personal information. To avail such facilities the patients must feel free to share their information. The medical care center is obliged to build such trust that the user has no other thoughts that their data is in the wrong hands. Keeping the patient information secure is the utmost duty of the medical care centers. Nowadays complying with regulatory requirements has become challenging thus the patient information protection methods are getting more vulnerable. To respect patient privacy, knowing your patient’s compliance is the most appropriate solution.
Role of KYP In Preventing Patient Frauds
Healthcare is a huge industry worth billions. Daily, they tend to interact with a large number of patients and also deal with personal information which requires utmost protection. Knowing your patient’s compliance plays an effective role in this regard. The data security in healthcare should be the priority and should be strong enough thus KYP verifies The true identity of the patient and deters the risk of fraud such as patient identity theft, illegally availing online prescription, claiming insurance, etc. KYP in the healthcare industry works on the same principles as KYC does in fintech industries. Medical care industries rely on the various parties which have to acquire different data requirements to facilitate the patient. KYP digital id verification for pharmaceutical in united kingdom provides healthcare services to patients’ after identity verification is done just to make sure that real patient is serviced. KYP ensures that the services are provided only to authenticated patients’ and also eliminates the chance of fraud.
KYP Use Cases
Improving Patient Data Security
Cyberattacks and data breaches are poring negative effects on the healthcare industry. AI-based know your patient solution plays an effective role in preventing cyberattacks while making sure that the real patient is getting services after various ID authentication. The patients’ records contain very sensitive information which can not afford any kind of data breaches that can put the patient at risk
Patients’ Identity Theft Prevention
Proper health services cost a lot of money if not covered by the insurance. Thus due to the cost involved, it creates an incentive to steal someone else’s identity to get access to the insurance rewards, to avail of medical service, etc. thus preventing such fraud is the utmost need of the hour hence KYP ensures the safe space while deterring patients’ identity theft and data breaches.
Diminishing False Medical Information
As the patient data security is not top-notch so third parties can get access and then may change the information or even put some modified information that may affect the patient in the future. Thus to prevent third-party access to data the cybersecurity must be strong enough to mitigate such happenings.
Upon the patients’ data breach the reputation of the healthcare center is affected. To maintain their reputation the healthcare sector is obliged to fulfill KYB compliance to verify the patients’ identity before providing them the services. This will eventually give peace of mind to the management while deterring the threats of fraud.
An Increasing Number Of Non-traditional Players In Medical Care Industry
Due to the digitalization, many health facilities apps and sites have emerged which provide patient-doctor online interaction and various other services are provided as well. They also gather data while not keeping privacy. This leads to data breaches and fraudsters misuses that data. KYB is the best solution to make such doctor and patient interaction reliable through proper ways of patient authentication.
KYP Working In Making Patient Identity Verification Flawless
The patient has to upload the ID documents ( passport, ID card, Driving License) along with the face using any type of camera.
The documents are then authenticated and verified by matching them with the data placed in the back office.
3D liveness biometric verification is further done which ensures the patients’ physical presence.
Age verification is also done by matching the DOB from the ID document and to get more sure facial recognition is also done to verify the patients’ actual age which then can get access to age-restricted drugs and prescriptions.
The healthcare industry is facing multiple frauds which is directly diminishing the reputation and also leads towards financial loss. Nonetheless, the patients are also becoming victims of identity theft and data breaches which puts them at risk. Thus laws and regulations accompanied by the KYB solution are the best way to ensure data privacy and protect it from breaches thus decreasing fraud in the most effective manner.