Aegify, a cloud-based software provider, has partnered with PolicyMedical, a provider of policy, procedure and guidelines to deliver HIPAA compliance and policy management solutions.
The companies explained that the final Omnibus Health Insurance Portability and Accountability Act (HIPAA) rule includes new provisions that, if breached, could result in significant fines and penalties for healthcare providers and their business associates.
The partnership will allow Aegify to further extend its security, risk and compliance assurance solutions by offering policy procedure and guideline management. The solution will also provide a comprehensive utility to easily manage all the business associate agreements for covered entities.
Future plans include the incorporation of Aegify’s extensive database of HIPPA policies and integration to the PolicyMedical contract manager solution.
"Healthcare providers need a comprehensive solution to address their compliance requirements at a reasonable cost," said Saud Juman, chief executive officer of PolicyMedical. "Policy management plays a key role in setting your compliance framework.
“Healthcare providers are challenged to avoid potentially devastating breaches because the solutions available today are focused on their respective areas only. There are natural synergies between the solutions we provide and those brought by Aegify.”
Anupam Sahai, president and co-founder of Aegify, added: “More and more pressure is being applied to healthcare organizations to meet and maintain HIPAA and Meaningful Use requirements and to protect healthcare data.
“By combining Aegify’s world leading, HIPAA security, compliance and risk assurance solution with Policymedical’s policy, procedure management solution, we are able to provide our partners and customers a comprehensive HIPAA solution with policy management capabilities. Policy plays a big role in how an organization addresses these issues and we are excited to partner with PolicyMedical’s common stakeholders to assist in executing and implementing these processes.”
Aegify, PolicyMedical, HIPAA, US
