Secure Healthcare Banking: The Critical Step of Identity Verification
Click here to download now
Overview: Medical costs are escalating and healthcare payers and providers alike are probing ways to lessen their administration costs. One outstanding example of cost savings is healthcare banking, which integrates healthcare payment processes with network access to the banking infrastructure to lower administrative costs. To advance security, there has been significant industry and regulatory stress on stronger authentication methods that use numerous identity factors at time of sign-on. Yet insufficient attention is being paid to proving the identity of a provider and the authenticity of the information they provide, before sign-on credentials are issued.