LifeMed ID integrates ImageWare tech into its patient authentication solution
LifeMed ID has entered into a partnership agreement with ImageWare Systems. The partnership combines LifeMed IDs Authoritative Identity Management Exchange, a patent pending comprehensive ID platform for healthcare enterprises, with ImageWare’s multi-modal biometric authentication platform GoVerifyID.
“Our partnership with ImageWare combines our proven methods of patient identity proofing with multi-modal biometrics to streamline patient authentication,” said Rick Resnick, Co-CEO at LifeMed ID. “Healthcare organizations can now have the means to assure that every patient will have one identity permanently linked to the correct medical record across all points of care.”
“The healthcare enterprise will be enabled to operate more efficiently and the risk of medical identity fraud is drastically reduced using biometric authentication,” added Jim Miller, CEO of ImageWare Systems. “The combination of AIMe and GoVerifyIDs biometric platform is a powerful combination that will help further assure that the correct health record is being tied to the right patient.”
A recent report from Credence Research forecasts that the global healthcare biometrics market will grow at a CAGR of 22.9 percent to surpass $13.9 million in revenue in 2025. “Healthcare Biometrics Market – Growth, Future Prospects, and Competitive Analysis, 2017-2025” examines staff and patient identification solutions, and predicts that home and remote patient care, care provider authentication, patient tracking within healthcare facilities and prescription dispensing will be the key areas of demand during the forecast period.