Novi, Michigan June 30, 2021 – Aimed primarily at the physician’s office, IDTrac addresses the administrative challenges posed by onboarding new patients and scheduling current patients in a post-COVID-19 world. Much of this work is being moved away from the office lobby. By establishing a secure biometric identity for each patient, verifying insurance eligibility, and linking the individual to the correct medical record, quality of care will be improved as significant savings are gained, all while maintaining the highest levels of security and data integrity.
As a general rule, increasing information security adds cost, decreases productivity, and has a negative impact on user satisfaction. IDTrac is designed to reverse this paradigm by increasing staff productivity, and reducing losses through billing errors or lost insurance reimbursements. Biometric verification of identity assures an accurate match of the patient to their medical records. Duplicate records and medical errors associated with mismatched data can also be reduced or eliminated.
The company is entering the beta test cycle for the middleware at several locations in the Tampa area for the purpose of measuring IDTrac’s impact on workflows in a live environment. “Our experience and internal testing suggest that the ROI will be substantial and sustainable,” said Barry Hodge, CEO of Securlinx. “Billing losses alone can equal 1 to 2 percent of revenue for an average practice and IDTrac will provide a significant productivity gain for the staff. The immeasurable benefit is the reduction in medical errors resulting from a more accurate correlation of the patient to the correct medical record,” he added.
Securlinx expects a full commercial release in the fourth quarter of this year. “Early adopters have been enthusiastic,” stated Craig Workinger, Securlinx COO. “We believe that in this post-pandemic environment, affordable high-quality healthcare begins with patient identity.”
PLEASE READ THIS DISCLAIMER: This press release contains forward-looking statements and market information. All such statements are based on current expectations, available information, and estimates based, on assumptions made by management that involve multiple risks and uncertainties. Actual results could materially differ due to unexpected and sudden changes. Securlinx does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of release, or for changes made to this document by external parties.