October 14, 2013 – bey Peter B. Counter
The African region has long been singled out as a frontier market in the biometrics industry. Many African nations have entered into partnerships with secure document providers to develop national ID programs, and biometric banking has also found a strong foothold via fingerprint protected ATMs.
Healthcare is a hot topic in the biometrics industry these days, it being a major point of discussion in September’s biometric conferences in Tampa, and recently finding itself spotlighted favorably in a Transparency Market Research report (projected to reach $5.9 billion globally by 2019). Biometric ID management provider GenKey intends to capitalize on this, announcing today that it has acquired ClaimSync: a software provider based in Accra, Ghana, that aids hospitals in the transfer of traditional medical records into digital formats (electronic health records or EHR) and processing them, as well as medical claims management.
GenKey CEO Michiel van der Veen commented on what GenKey expects from the purchase of ClaimSync, saying: “With this acquisition, we will be able to combine GenKey’s biometric ID management and unique biometric claim validation solution with ClaimSync’s electronic medical claim handling system.”
By adding biometrics into the equation, an extra level of security will go a long way in fraud prevention, not to mention in protecting valuable health credentials. Biometrics in the healthcare sector has been shown in other markets to add accountability on both the provider’s end and the patient’s, as well as increasing efficiency.
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