As the expansion of telehealth services accelerates worldwide, there has never been a more critical need for secure and accurate patient identity verification (IDV). Vouched is leading the charge with innovative solutions that ensure patient safety, streamline processes, and enhance the overall telehealth experience.
With the growth of telehealth services continuing unabated, secure patient IDV has become a top priority. Ensuring that patients are accurately identified is essential for providing quality care and protecting sensitive information. Incomplete or inadequate IDV can lead to severe consequences, including fraud, scams, and insurance takebacks. Ultimately, robust verification systems are necessary to mitigate these risks and maintain trust with your patients.
Vouched provides an award-winning IDV system that optimizes patient registration and enhances security. With Vouched, healthcare providers like you can ensure a swift and secure experience for your patients. Vouched’s automated workflows seamlessly integrate with Know Your Patient (KYP) and Know Your Customer (KYC) systems, effectively preventing fraud and prescription abuse.
With our top facial recognition software, Vouched boosts patient confidence and reduces transaction abandonment. You’ll see improved verification accuracy, even with high transaction volumes. In turn, this will reduce transaction abandonment and enhance patient confidence.
Vouched uses a comprehensive data verification approach that draws from various sources to ensure thorough and accurate patient IDV. Employing top facial recognition software, driver’s license verification, and SSN checks, Vouched provides robust and reliable IDV solutions.
With Vouched’s automated workflows, you can streamline your registration process to significantly reduce wait times and improve efficiency. Vouched simplifies compliance with HIPAA-approved protocols, ensuring that your practice meets regulatory standards with ease. By using proven workflows, Vouched minimizes the risk of errors and misidentification, ensuring accurate patient IDV.
Let’s take a look at a real-world example of how Vouched has transformed telehealth operations for a premier online healthcare provider. This provider faced significant challenges in aligning their patient onboarding process with compliance standards, leading to a high rate of new patients abandoning the process.
The healthcare provider encountered several hurdles, including:
A staggering abandonment rate of more than 60% during initial verification attempts.
Thousands of monthly transactions that required manual verification, straining resources and impeding scalability.
The need for an automated patient identity verification solution that ensured compliance and prevented prescription medication abuse.
By partnering with Vouched, the provider implemented Vouched’s AI-driven patient identity verification solution. This solution provided:
Risk Assessment Integration
An advanced risk assessment framework that analyzed patient cohort risk and real-time risk signals, escalating verification processes as needed.
AI-Powered Patient Onboarding
Leveraging AI to refine patient onboarding, dramatically decreasing friction for low-risk patients and enhancing compliance adherence.
Customized Verification Workflow
Multi-factor, dynamic verification workflows that distinguished between high-, moderate-, and low-risk patients, ensuring compliance without compromising efficiency.
Implementing Vouched led to:
Increased Patient Conversion
Patient conversion rates soared from 40% to an impressive 95%, significantly reducing the reliance on manual reviews.
Scalability and Revenue Growth
A more than 37% increase in new patients, translating into substantial revenue growth and enabling business expansion.
Quantifiable Business Impact
Significant ROI, with millions in annual revenue growth and reduced manual verification efforts, allowing healthcare professionals to focus more on patient care.
Discover more about Vouched’s transformative IDV solutions by visiting our new dedicated website. Learn how our top facial recognition software can enhance your telehealth services, improve patient satisfaction, and streamline your operations.
You can also request a demo today to see Vouched in action.