Ohio-based Standard Register’s Healthcare business unit has released its Identity Authentication Solution for the health care industry as a way to combat medical identity theft.
The product is designed to augment the unit’s portfolio of patient access solutions, giving health care providers a means to validate patient identities and verify addresses during the admittance procedures. The Web-based app targets those who assume an identity in order to get medical care, enabling a registrar to conduct real-time searches of public and proprietary databases to quickly determine that a patient is who he says he is.
Standard Register Healthcare created the application in order to fight the increasing amount of medical identity theft. A 2012 study by the Ponemon Institute estimates that 1.85 million people in the U.S. will be affected by medical identity theft this year, up from 1.49 million in 2011. Medical identity theft costs $41.3 billion annually.
As part of its product launch, Standard Register Healthcare will host a 45-minute webinar called “Creating a Foundation to Improve Cash Flow” on September 20 at 2:00 p.m. EDT.