Know Your Patient (KYP) refers to various processes that a healthcare company uses to verify and reverify a patient’s identity.
KYP verification typically involves the collection of a patient’s name, date of birth, Social Security number, and health insurance information during patient onboarding. This information is then verified via some combination of document verification, database verification, government ID verification, selfie verification, or other methods. The patient’s identity is then reverified through similar means during future interactions.
KYP plays an important role in preventing health insurance fraud, Medicare/Medicaid fraud, and medical identity theft. It’s also instrumental in protecting sensitive patient data and ensuring that your company remains HIPAA compliant.