New Infographic – The Effect of Fraud, Theft and Inaccurate Patient Identification on Healthcare

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Learn more about the benefits of using biometrics for patient identification to help stop the problems of patient fraud. inaccurate patient identification and medical identity theft
What effect do inaccurate patient identification, patient fraud, and medical identity theft have on the healthcare industry?

Today, we released a brand new Infographic that illustrates the negative effect that inaccurate patient identification, patient fraud, and medical identity theft have on the healthcare industry. Here is a link to the Infographic:

The Effect of Fraud, Theft and Inaccurate Patient Identification on Healthcare

Since healthcare is increasingly focusing on cleaning up fraud and waste in the industry, this Infographic will help you to visualize how much money each year is consumed by these problems and the enormity of the situation.

Serious and lasting changes to the healthcare infrastructure must address the problems of inaccurate patient identification, patient fraud, and medical identity theft. There isn’t a healthcare reform platform that can have any lasting effect on the industry in the absence of eliminating these three thorns that plague the system. As political and industry leaders tackle issues and seek solutions that help to increase patient safety and stop waste and fraud to stabilize the economic welfare of healthcare providers, what can be done to stop these problems?

One solution is using a biometric patient identification system. Biometrics rely on physiological characteristics of the human body for patient identification to eliminate ID cards, social security numbers and other forms of identification that can be forged, faked, or shared. It eliminates language barriers, helps to identify unconscious or unidentifiable patients, and ensures that the right care is delivered to the right patient. More importantly, using biometrics for patient identification helps to eliminate the dangers of duplicate medical records, medical identity theft, and patient fraud which as you can see from the Infographic, cost the industry and all of us patients dearly in economic losses and threats to patient safety.

If you work in the industry and are responsible for any aspect of patient care, patient access, or revenue cycle management then now is the time to evaluate a biometric patient identification system for your facility. Hundreds of healthcare facilities all over the world are using biometrics for patient identification and reaping the benefits through tangible returns on investment. It’s the right time for you to educate yourself and investigate for more information more about this technology. Before you decide to invest in biometrics for patient identification, make sure you understand how to define patient identification and verification in healthcare. Also, don’t forget about the potential positive effects that using biometrics can have on data integrity and data interoperability across disparate healthcare systems in health information exchanges.

What questions do you have about using biometrics for patient identification? We welcome your feedback and questions in the comments section below. Please share our Infographic with others, or post it on your own site using the embedded code below the graphic.

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John Trader

John Trader is the Public Relations and Marketing Manager with M2SYS Technology, a recognized industry leader in biometric identity management technology. Headquartered in Atlanta, GA M2SYS Technology's mission is to pioneer the high-tech industry by delivering long-term value to customers, employees and partners through continued innovation and excellence in all aspects of our business. M2SYS continues to innovate, build and bring to market leading-edge biometrics solutions that revolutionize the industry and expand the applicability of biometrics technology in our marketplace. You can view their Web site at www.m2sys.com or contact them via e-mail at info@m2sys.com

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