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Neuromuscular Engineering 1 Neuromuscular Engineering & Technology Fraud Detection & Identification System (FDIS)

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Presentation on theme: "Neuromuscular Engineering 1 Neuromuscular Engineering & Technology Fraud Detection & Identification System (FDIS)"— Presentation transcript:

1 Neuromuscular Engineering 1 Neuromuscular Engineering & Technology Fraud Detection & Identification System (FDIS)

2 Neuromuscular Engineering 2 FDIS - Background Currently there is approximately 60 Billion Dollars of fraud taking place in Medicare annually - including Pharmaceutical supply. Currently there is approximately 60 Billion Dollars of fraud taking place in Medicare annually - including Pharmaceutical supply. (CBS News October 25th 2009) (CBS News October 25th 2009) The current method of Identification at the point-of-sale/supply requires your name and MEDICARE Card - which is linked to your SSN. The current method of Identification at the point-of-sale/supply requires your name and MEDICARE Card - which is linked to your SSN.

3 Neuromuscular Engineering 3 FDIS - Solution Positive physical identification with each transaction – for individuals covered by Medicare, their caregivers, pharmacists and technicians, and other Medicare service providers using a highly reliable biometric authentication system based on palm vein pattern recognition technology. The process is quick and the provider – or provider’s assigned assistant - does not need extensive training due to the simplicity of operation. Research resulted in a false acceptance rate of less than 0.00007% and a false rejection rate of only 0.00004%.

4 Neuromuscular Engineering 4 FDIS – Program Description A PVI (Palm Vein Identification) file must be established for every individual and caregiver enrolled in Medicare. Every Provider and their assigned assistants must also provide a PVI. The PVI will become a part of the Medicare record for the individual. To initiate each transaction there will be a scan submitted from the provider – or providers assigned assistant. This scan will be matched with the Medical supply outlet on record and a notification to proceed will immediately be sent to the palm vein scanning device. The individual who is collecting the pharmaceuticals or equipment will then perform a vein scan – which will undergo pattern matching to confirm identity. Each drug or service will have an individual item number which is recorded at the P.O.S (Point of Sale). Each drug or service will have an individual item number which is recorded at the P.O.S (Point of Sale). The tracking of individual medical supplies would enable trigger levels to be included so that it would be detected if reasonable levels of supply for individual items were being exceeded The tracking of individual medical supplies would enable trigger levels to be included so that it would be detected if reasonable levels of supply for individual items were being exceeded This enables the tracking of restricted substances which would assist law enforcement officers in tracking illegal drug activity - eg. Amphetamine production from cough syrups etc. This enables the tracking of restricted substances which would assist law enforcement officers in tracking illegal drug activity - eg. Amphetamine production from cough syrups etc.

5 Neuromuscular Engineering 5 FDIS - Setup

6 Neuromuscular Engineering 6 FDIS - Supply

7 Neuromuscular Engineering 7 Contact US Neuromuscular Engineering Ph: 615-202-9370 1108 Harpeth Industrial Court Franklin, TN 37064 Email: neuromuscular@isotechnology.net neuromuscular@isotechnology.net Web: www.isotechnology.net


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