CLEAR's integration with Epic enhances patient identity verification, improving security and streamlining healthcare processes for over 290 million patients.
Quiver AI Summary
CLEAR has announced its new identity verification integration in Epic's "Identity Verification for MyChart" Toolbox, aimed at simplifying patient identity verification for healthcare systems. This collaboration allows health systems to implement a secure, self-service process for creating and recovering patient accounts, reducing administrative burdens and enhancing cybersecurity. With this integration, over 290 million patients in Epic’s network can seamlessly verify their identities using CLEAR’s technology, which supports various verification methods to suit different needs. The initiative comes in response to increasing healthcare data breaches, aiming to bolster security and streamline patient experiences while ensuring trust and efficiency in handling sensitive health information. Healthcare leaders have expressed enthusiasm for the integration, highlighting its potential to improve both patient care and operational efficiency.
Potential Positives
- CLEAR's identity verification integration in Epic Toolbox enhances the security and efficiency of patient identity verification processes, which is critical in a healthcare landscape facing numerous data breaches.
- The integration provides health systems with a turnkey solution that enables accurate, seamless, and secure patient account creation and recovery, significantly reducing administrative burdens.
- CLEAR's solution empowers over 27 million existing users to verify their identity instantly, improving patient experience and streamlining their journey within the healthcare system.
- The collaboration with Epic reflects CLEAR's commitment to privacy and security, as highlighted by the endorsement from healthcare leaders, reinforcing trust in their identity verification solutions.
Potential Negatives
- Integration is still under construction, indicating that the final product and its effectiveness are not yet available for users.
- The press release highlights a significant number of healthcare data breaches in 2024, emphasizing the ongoing vulnerability of sensitive health information despite the new integration.
- Forward-looking statements suggest uncertainty regarding the actual future performance of the integration and other company initiatives, which may raise concerns among investors.
FAQ
What is CLEAR's new integration for patient identity verification?
CLEAR's integration provides health systems with a seamless, secure solution for patient identity verification during account creation and recovery.
How does CLEAR enhance security for sensitive health information?
CLEAR strengthens security at critical touchpoints, safeguarding patient data during account processes and helping prevent cyber threats.
Who can benefit from CLEAR's identity verification solution?
Both patients and healthcare providers benefit, simplifying access to services and minimizing administrative burdens on healthcare staff.
What operational advantages does CLEAR provide to health systems?
CLEAR offers quick implementation, secure user verification, and meets high data protection standards to enhance operational efficiency.
How does this integration impact the patient experience?
The integration simplifies account creation and recovery, providing a streamlined, user-friendly experience that enhances patient trust and satisfaction.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$YOU Insider Trading Activity
$YOU insiders have traded $YOU stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $YOU stock by insiders over the last 6 months:
- KENNETH L. CORNICK (President & CFO) has made 0 purchases and 7 sales selling 979,935 shares for an estimated $31,410,501.
- INVESTMENTS II, LLC ALCLEAR has made 0 purchases and 6 sales selling 900,000 shares for an estimated $29,009,254.
- JEFFERY H BOYD sold 150,000 shares for an estimated $4,221,000
- MICHAEL Z BARKIN has made 0 purchases and 2 sales selling 25,000 shares for an estimated $716,001.
- RICHARD N. JR. PATTERSON (CISO) has made 0 purchases and 2 sales selling 8,500 shares for an estimated $230,800.
- DENNIS W. LIU (Chief Accounting Officer) has made 0 purchases and 3 sales selling 2,500 shares for an estimated $73,085.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$YOU Hedge Fund Activity
We have seen 176 institutional investors add shares of $YOU stock to their portfolio, and 139 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DELTA AIR LINES, INC. removed 4,000,000 shares (-48.3%) from their portfolio in Q3 2024, for an estimated $132,560,000
- PACER ADVISORS, INC. added 3,039,236 shares (+24161.2%) to their portfolio in Q4 2024, for an estimated $80,965,247
- WELLINGTON MANAGEMENT GROUP LLP added 1,899,515 shares (+inf%) to their portfolio in Q3 2024, for an estimated $62,949,927
- MILLENNIUM MANAGEMENT LLC removed 1,806,873 shares (-85.9%) from their portfolio in Q3 2024, for an estimated $59,879,771
- BROWN ADVISORY INC removed 1,664,481 shares (-45.5%) from their portfolio in Q3 2024, for an estimated $55,160,900
- FMR LLC added 1,547,692 shares (+30.6%) to their portfolio in Q3 2024, for an estimated $51,290,512
- STATE STREET CORP added 1,312,419 shares (+64.1%) to their portfolio in Q3 2024, for an estimated $43,493,565
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Full Release
Out-of-the-box integration will unlock a reusable, connected health identity that simplifies patient identity verification and enhances security of sensitive health information
Integration launches alongside new “Identity Verification for MyChart” Toolbox category under construction
NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity company, announced today that its identity verification integration is now under construction in Epic Toolbox. By integrating with Epic, CLEAR joins Epic's new "Identity Verification for MyChart" category, empowering both patients and providers with a trusted identity solution.
When this integration is available, health systems unlock a turnkey solution to enable patient identity verification processes that are accurate, seamless and secure. Using CLEAR, health systems can offer patients a secure, self-service process to both create and recover their accounts — reducing administrative burdens on call center staff while enhancing cybersecurity practices to safeguard sensitive health information.
This integration will be natively embedded, making it easier than ever for health providers in Epic’s ecosystem to effortlessly leverage CLEAR for the 290 million+ patients with current electronic records in Epic. “CLEAR Identity Verification for MyChart” enables patient account creation and account recovery workflows with automated verification – simplifying access and reducing administrative overhead.
Health systems can customize their verification flows by selecting from over 60 verification checks, including support for IAL2 standards and document-based identity verification, while relying on CLEAR’s adaptive technology to apply a more consumer-centric experience to the healthcare journey.
Once enabled, more than 27 million existing CLEAR users can already verify instantly with a selfie, while new users enjoy the same experience after completing a one-time setup. Verifying with CLEAR offers health systems a number of operational benefits:
Secure health data:
Strengthen security at key touchpoints like account creation and recovery, keeping patient data safe from cyber threats.
Maximize efficiency:
Implement quickly without disrupting existing workflows with this out-of-the-box integration.
Advance trust:
CLEAR meets the highest standards for data protection – and 89% of people agree that CLEAR represents security and trust.
“By integrating CLEAR’s identity verification platform with Epic, we’re making it easier for health systems across the country to deliver patient experiences that maximize security and minimize friction,” said
CLEAR CEO Caryn Seidman Becker
. “This collaboration marks a significant step forward in our effort to replace the clipboard and streamline every touchpoint of the healthcare journey.”
More than 600 healthcare data breaches occurred in the U.S. in 2024, with the average cost of each reaching $5 million. CLEAR’s identity verification solution unlocks a “digital front door” that future-proofs against future cyberattacks, transforms an organization’s ability to defend patient information, and fosters a stronger healthcare security infrastructure.
“CLEAR’s approach to safeguarding sensitive health information is a gamechanger,” said
Dr. Patrick McGill, Executive Vice President and Chief Transformation Officer at Community Health Network
. “Our patients and providers alike are already benefiting from innovations that simplify the experience without sacrificing security. This integration will only uplevel our efforts to make our health services easier to use for everyone.”
“At Rush, we have ambitious goals to enhance security and remove friction on our more than 196,000 annual password resets,” said
Jeff Gautney, Chief Information Officer at Rush
. “We’re equally excited to welcome new patients into our system with a streamlined account creation verification process that allows for more equitable, accurate patient identification. With these real-time identity verification results from CLEAR, we can minimize errors from manual checks and stop identity theft attempts before they happen.”
“In healthcare settings, seconds and minutes matter,”
said Dr. Hank Capps, Chief Information and Digital Officer at Wellstar Health System
. “Wellstar clinicians are committed to providing innovative world-class care, and CLEAR’s trusted technology will help us deliver the experience patients expect.”
For more details on CLEAR Under Construction in Epic Toolbox, go to the
Epic Showroom
.
Epic and MyChart are registered trademarks of Epic Systems Corporation.
About CLEAR
CLEAR's mission is to create frictionless experiences. With over 27 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit
clearme.com
.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.
Contact
media@clearme.com
This press release was published by a CLEAR® Verified individual.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
