Identity Verification from CSI
Automated Sanctions Screening
In the health insurance business, you’re looking for a better way to manage evolving compliance demands and prevent costly monetary penalties from screening and the Centers for Medicare & Medicaid Services (CMS) regulations violations. Leveraging a compliance management system that offers healthcare sanctions screening against federal and state exclusion lists and customer due diligence can help your growing business avoid government fines and increase protection from fraud.
Mitigate fraud and compliance risk across the entire enterprise through real-time and retroactive monitoring of LEIE, OIG, SAM, EPLS, OFAC and state-specific Medicare and Medicaid opt-out and exclusion lists.
Identify and verify customers with CSI’s identity verification solution so you can create and enforce consistent KYC processes and workflows across analyst teams.
We understand the unique challenges faced by health insurance companies to identify listed persons or entities, block those policies and report suspicious activity. CSI facilitates thorough reviews of business interactions and relationships to ensure your company is compliant with the know-your-customer rule, OFAC list, OIG and CMS regulations.
To meet regulatory requirements prohibiting any federally funded health care program from paying for items or services provided, ordered or prescribed by an excluded or terminated party, health insurance companies must provide evidence of a strong compliance program. CSI’s denied party screening software gives your business:
I feel like we're always covered with CSI. Instead of hiring one or two security people to actively monitor and patrol our systems, we rely on CSI to take care of everything.
First United National (FUN) Bank, IT Specialist
In this ever-altering global economy, it becomes imperative to protect the safety of doing business, whether with governmental agencies or not. WatchDOG allows us to do this effectively with very minimal effort.
Blue Cross Blue Shield Nebraska, Medicare Liaison
We can offer the same products that the megabanks do without having to put out an incredible amount of money, because CSI is developing them for us. That's where the partnership has been wonderful for us.
Legence Bank, Executive Vice President of Operations
Once we were comfortable, we flipped the switch over a weekend and began officially using Elite. It was very easy. The CSI team that we worked with was pretty awesome. It did not take very long to get spun up on Elite.
HomeStreet Bank, Associate Vice President
In a recent audit, the auditor commented that he was impressed with the improvements we’d made as a result of our partnership with CSI, including additional controls now in place that were not available to the bank prior to working with CSI.
Jerry C. Lyon
Community 1st Bank, President and CEO
With CSI, we have a partner that supports both our bank and our customers 24/7. We feel this is an invaluable partnership that enhances our ability to better serve our customers and gives us card-fraud strategies that mitigate our financial and reputational risk.
Home Bank, Director of Deposit Operations
Without the coordinated efforts of Card Sentry and our staff, we would be much less successful in keeping our losses to a minimum.
… The big differentiator for CSI (is) the support expertise that’s included in SmartRisk IQ. We get to work with former bankers who have been where we’ve been.
Cornerstone Bank, President and CEO
In launching the program, the intelligent content embedded in the (CSI ERM) software saved me weeks, if not months, of research time.
Cornerstone Bank, President and CEO
When we migrated to NuPoint®, we eliminated our backup challenges and our staffing difficulties.
The Blue Grass Valley Bank, CEO