The need to combat fraud and protect medical information will serve as a catalyst for significant growth in healthcare biometrics industry, a market projected to reach $5 billion globally by the year 2020.
As the healthcare industry regroups following the Anthem hack that exposed personal information of 80 million members, new biometrics technology is initiating a push to help secure medical information.
Pharmaceutical retail titan Walgreens is deploying mobile and web applications, as well as mHealth devices tethered to a Qualcomm Life platform, to provide remote patient monitoring related to transitional care support and chronic care management.
The advent of biometrics in the mHealth offers tremendous opportunities, from improving data security to providing great healthcare data access housed in remote locations.
The top compelling mHealth driver is the ability to save money via early intervention patient care outside of a hospital setting and reduce readmissions rates, Mony Weschler, chief applications strategist at New York's Montefiore Medical Center, tells mHealthNews, noting the first mHealth tool destined to become ubiquitous will be biometrics monitoring.
Biometrics may play a key role in preventing and detecting health insurance fraud, according to Insurance Thought Leadership.
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