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SearchAmerica(R) Unveils Next-Generation Red Flags Rule System for Health Care
Date:5/14/2009

Identifies possible medical identity theft and provides actionable advice to manage, report and monitor Red Flags Rule program compliance

MINNEAPOLIS, May 14 /PRNewswire/ -- SearchAmerica(R), a part of Experian and a leader in financial clearing services for health care, today unveiled its Red Flags Rule system designed to help hospitals comply with the Red Flags Rule and Address Discrepancy Rule from the Federal Trade Commission (FTC). This advanced solution specifically identifies patient accounts using multiple criteria before flagging the account as a suspected medical identity theft occurrence, or "red flag." Health care networks can use SearchAmerica's solution to identify and properly respond to suspicious accounts while minimizing false red flags using its advanced filtering and intelligence.

(Logo: http://www.newscom.com/cgi-bin/prnh/20090514/CG17055LOGO)

"SearchAmerica has been leading much of the Red Flags Rule discussions in the health care community since it was unveiled by the FTC," commented Daniel Johnson, president of SearchAmerica. "As experts in the identification and detection of address discrepancies and more, we designed this solution to specifically address the compliance requirements for the Red Flags Rule and Address Discrepancy Rule.

"To date, we have implemented this advanced system at several customer sites and have seen vast improvements to their red flag programs," Johnson continued. "With this new system, hospitals will not be overburdened with managing these false-positive red flags, but instead will receive a service that makes Red Flags Rule compliance manageable and more accurate."

The Red Flags Rule and Address Discrepancy Rule were established to curb identity theft in the United States and required companies, including most
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SOURCE SearchAmerica
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