The Identity Force Identity Theft Prevention Program is a managed service that helps hospitals address the three most important identity theft-related challenges: Compliance, Data Breach Response, and Identity Theft Protection for Patients and Employees.
From the financial perspective, Identity Force lowers costs, reduces financial risk and protects relationships with key constituencies including government regulators, patients and employees. With increasing medical identity theft and fraud and rapidly rising federal and state identity theft laws hospitals cannot afford to ignore identity theft and to delay implementing effective prevention programs.
Identity Force can deliver a comprehensive program, or individual targeted service to meet a specific hospital need. Further, Identity Force's services provide an immediate ROI by reducing staff time, improving revenue recognition and insulating the hospital from a data breach.
In the first six months of 2008 alone, healthcare data breaches affected more than four million people. The average cost of a breach for a healthcare organization is $6.3 million, an increase of eight percent since 2006 and 43 percent since 2005.
Failure to comply with federal and state regulations can cost thousands of dollars. In fact, the FTC will have the ability to fine hospitals up to $11,000 per day for non-compliance with Red Flag Rules.
During an extensive due diligence process, the AHA was impressed with Identity Force's extraordinary expertise and experience in addressing identity theft challenges from the needs of the business customer.
Not only is an Identity Force solution complete, but it can also be customized and configured to fit each hospital's needs and requirements. Because of its sole focus, Identity Force has a large presence and reputation in the industry. The company has forged partnerships with many of the world's leading companies specializing in credit, personal information management, privacy, and technology services.
Identity Force is also the #1 provider of identity theft prevention services and credit monitoring to the Federal Government.
PARTNER CONTACT :
For more information, contact Richard Pulliam, VP, Healthcare Solutions at (415) 320-9169 or at rpulliam@identityforce.com.
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http://www.identityforce.com/
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