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Secure Transactions News

Eurosmart reports on benefits of smart cards for healthcare

Thursday 31 January 2013

Eurosmart has just published a White Paper on healthcare fraud, titled “Understanding and measuring fraud - Best practices for proven technology to reduce Healthcare fraud aimed at understanding and measuring fraud.”

 

The WP from Eurosmart presents a compendium of observations on trends in healthcare fraud, as well as a selection of best practices and specific recommendations to reduce fraud by implementing better coordinated IT processes and by putting technology to better use.

 

The paper highlights the European Healthcare Fraud and Corruption Network’s (EHFCN) findings that on average, around 6% to 10% of spending in the healthcare sector is lost to fraud. In Europe, which spent EUR 1,100 billion on healthcare in 2010, this means nearly EUR 110 billion was lost in that year alone.

 

“Smart card technology can strike at the heart of fraud mechanisms, often with little investment in infrastructures, and without major changes for patients and healthcare professionals,” said Oyvind Rastad, Chairman of Eurosmart. The paper reiterates benefits of smart technology adding that smart cards have been used in several healthcare programs since over 20 years. They ensure the quality of the data entered at the source, the protection of confidential information and strong identification and authentication for patients and healthcare professionals. Furthermore, they also facilitate organizational change by allowing paperless procedures and online services.