Nowadays, most industries outside of essential funding choose KYC compliance systems. The healthcare industry is one of the most notable instances, as it has adopted the KYC service as the KYP Know Your Patient service to learn more about its Verify Patient Identity. The pandemic era has raised the demand for internet platforms across many industries. Even after the epidemic, using new forms of online and hybrid working has grown in popularity because they offer quick user experiences.
Digital sources are also used by the health industry to verify their patients and other personnel. With a significant expansion in telemedicine over the past few years, particularly in the wake of the pandemic, the scale of the healthcare business is becoming more well-known. Statista estimates that the worldwide telemedicine market reached a record high in 2019 of almost $50 billion USD.
Describe the Know Your Patient Verification
Distant medical health care is an illustration of telemedicine and offers a productive method of communicating with health officials. Given that the majority of patients are afraid to physically consult with doctors, this is a valuable option to interact. Due to the increased use of telemedicine, identity theft, and other crimes are growing in the healthcare industry.
Speaking about fraudulent actions in the healthcare sector, it is unfortunate that fraudsters also commit crimes in the medical field. Given this situation, the authorities implemented the KYP (Know Your Patient) check to prevent the attackers from having an impact on the medical industry. By utilizing various Patient Verification techniques, KYP is a way for the healthcare sector to determine its identification and other information. A KYP (Know Your Patient) check is carried out to safeguard the industry from having its information stolen.
KYP’s Protection and Save Sensitive Patient Data
Bad actors are constantly trying to obtain sensitive information that they can use to take advantage of the user for various theft and bribery operations. Due to insufficient Patient Verification implementation, they mostly benefit from the flaws in the remote systems.
The KYP principle is put into practice with the appropriate authorizations of verification to address the violators of remote systems. The HIPPA (Healthcare Insurance and Portability Act), which was proposed in 1996, and other healthcare organizations and regulations also make the KYP check required. The KYP policy is required by HIPPA in order to safeguard patient data against fraud and theft.
System for Verifying Patients Using Digital Techniques in Cases
After Covid 19 broke out and the entire world was put on lockdown, remote digital medicinal techniques were used to aid people all around the planet. The implementation of new technologies was centered on giving people effective healthcare advice. Still, many patients suffered as a result of the systems’ lack of online spoofing protection.
The KYP principle effectively completes patient identification through various checks of patient age verification and Patient Identity to distinguish between actual and bogus patients. Online health platforms and distant pharmacies employ a number of novel techniques for Patient Identity verification in order to safeguard their systems. The biometric is one of the primary ways of verification.
Patient Identification System Using Traditional Biometrics Methods
Pharmacies are using digital verification services, such as scanning the patient’s biometrics, to better protect themselves from criminals. The Patient’s biometric traits are evaluated by the biometric verification system using a variety of techniques. Patients use their fingerprints or, in certain systems, their faces to authenticate their identity online. Given that the majority of patients are afraid to physically consult with doctors, this is a valuable option to interact. Due to the increased use of telemedicine, identity theft, and other crimes are growing in the healthcare industry.
By recognizing the patient’s attributes that are previously recorded in the system repository, the system recognizes the patient. Because user profiles are secured by biometric forms of authorization, blackmailers cannot access them when biometrics are used.
The government must safeguard its digital platforms against hacking in light of the rise in telemedicine fraud. The health organizations ensure that the right people are using their medical resources by using proper KYP (Know Your Patient). The KYP Identify Patient management system effectively and securely manages each patient’s private information in order to safeguard the public. The biometric verification method is a major advancement in online system security since it accurately identifies real patients and keeps hackers out of the system.