CaringWays Partners with Clearwater to Develop Best-in-Class Cyber Risk Management and HIPAA Compliance Program
Summary
Clearwater developed The ClearAdvantage Program based on its work with innovators like UberHealth and Digital Reasoning, which has helped the two companies meet the increasingly stringent expectations of their healthcare provider customers regarding data privacy and security. A recent survey conducted by the Ponemon Institute found that 53% of responding healthcare organizations have experienced one or more data breaches caused by a third party since the beginning of 2019, costing them an average of $7.5 million to remediate. We are proud to serve as CaringWays’ partner as the company transforms the way we support the payment of medical bills for those who are unable to handle the burden on their own.” CaringWays is a private fundraising platform that works directly with healthcare providers and other organizations to help patients pay medical expenses including healthcare bills, transportation, food, and other critical needs with greater ease, confidence, and security. Clearwater’s IRM|Pro® software and consulting services help healthcare organizations to avoid preventable breaches, protect patients, and meet OCR’s expectations, while optimizing cybersecurity investments. More than 400 healthcare organizations, including 70 of the nation’s largest health systems and a large universe of business associates that serve the industry, trust Clearwater to meet their information security needs.