ATLANTA, Jan. 19, 2016 (GLOBE NEWSWIRE) -- IDology, a leader in multi-layered identity verification and fraud prevention solutions for the customer-not-present environment, today announced they have joined Medical Identity Fraud Alliance (MIFA) as a member to help build a multi-faceted strategy of awareness, prevention, detection and remediation in the healthcare fraud ecosystem.
Medical identity theft and fraud constitute a major societal problem exerting pressure on our healthcare and financial ecosystems. Membership in MIFA is dedicated to building focused and direct prevention and resolution mechanisms. 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.
"If there is one thing we guard more than our financial information, it is our healthcare privacy," said John Dancu, chief executive officer of IDology. "There is a significant increase in value of protected health information (PHI) because of its use by highly-sophisticated fraudsters. 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," said Dancu.
"Helping organizations protect against fraud within the healthcare space has been a top priority for IDology," said Ann Patterson, senior vice president of MIFA. "With this collaboration, we are not only strengthening our member base, but we are building a strategic relationship that helps reduce fraud and medical identity theft while being an advocate for protecting patient privacy. MIFA is dedicated to helping its members better protect their organizations and consumers from medical identity theft and the resulting fraud. By working together with our members and strategic partners, we have the ability to take action on a number of pertinent issues facing the healthcare industry today – from regulatory and compliance matters to legislative affairs. The interaction and sharing of information between members are the strongest tools that will help MIFA to slow the expansion of medical identity fraud," said Patterson.
For more information about MIFA and/or membership information, visit http://medidfraud.org/.
To learn more about IDology's identity solutions for the healthcare industry, visit https://www.idology.com/healthcare/identity-for-the-healthcare-industry.
About Medical Identity Fraud Alliance
MIFA is an industry trade association of healthcare providers, payers and service provider stakeholders, working to help its members better protect consumers from medical identity theft and fraud, through research, public-private collaboration and information sharing. Members provide leadership to: mobilize the healthcare ecosystem; cooperate to leverage collective intellectual capita; research to adequately understand the problem and guide solution building; and educate consumers, industry and government on medical identity theft and fraud issues. For more information visit http://medidfraud.org/.
About IDology
IDology, Inc. provides real-time technology solutions that verify an individual's identity and age for anyone conducting business in a consumer-not-present environment to help drive revenue, decrease costs, prevent fraud and meet compliance regulations. Founded in 2003, IDology offers a solution-driven approach to identity verification and fraud prevention that ultimately helps increase customer acquisition and improve customer experience. IDology has developed an innovative and on-demand technology platform that allows customers to control the entire proofing process and provides the flexibility to make configuration changes that are deployed automatically – without having to rely on internal IT resources or IDology's customer service – so customers can stay ahead of the fraud landscape while maintaining compliance. For more information, visit www.IDology.com or call 866-520-1234.