“If there is one thing we guard more than our financial information, it is our healthcare privacy,” says John Dancu, CEO of IDology, a leader in multi-layered identity verification and fraud prevention solutions for the customer-not-present environment. “There is a significant increase in value of protected health information (PHI) because of its use by highly sophisticated fraudsters.” The company recently joined the Medical Identity Fraud Alliance to help build a multi-faceted strategy of awareness, prevention, detection and remediation in the healthcare fraud ecosystem. “By being a member of MIFA, we are able to collaborate with other healthcare industry leaders in efforts to prevent healthcare fraud and financial loss for both our customers in the healthcare industry and their patients and employees,” Dancu says.
MIFA manages the impact of medical identity theft through stakeholder-coordinated research, increasing education and awareness, developing focused tools and procedures, promoting best-in-class strategies, technologies and practices, and influencing government regulations, policies and laws.