Capital Rx's JUDI® Achieves Prestigious HITRUST Certification
Capital Rx's Achievement in Healthcare Security
Capital Rx is Transforming the Healthcare Landscape. Focused on safeguarding sensitive data, the company applied industry-leading security practices to ensure compliance and protection against cybersecurity threats. The recent HITRUST CSF® v11.2.0 certification signifies their commitment to these standards.
Importance of HITRUST i1 Certification
This certification is not just a milestone; it indicates Capital Rx's relentless pursuit of enhancing data protection within the healthcare sector. With the rise of security threats experienced in the last year, achieving HITRUST i1 certification underlines their dedication to creating reliable and innovative healthcare solutions.
What is JUDI®?
JUDI®, Capital Rx's enterprise health platform, serves as a centralized system for managing pharmacy benefit processes. Developed to be scalable and HIPAA compliant, it accommodates ongoing changes in state and federal regulations from its inception. The platform takes advantage of the reference architecture provided by Amazon Web Services (AWS), utilizing advanced features like AWS Lambda to guarantee a secure environment for pharmacy benefit programs.
Statements from Leadership
Shane Garoutte, Vice President of IT Security and Compliance at Capital Rx, expressed immense pride in the team's dedication towards data security. He emphasizes that trust forms the foundation of the service provided by Capital Rx. They strive for the highest security standards to assure plan sponsors and health plans of the complete safety of their data.
Cybersecurity in Healthcare
The importance of cybersecurity in the healthcare field cannot be overstated. Capital Rx integrates the NIST SP 800-53 cybersecurity standard into its governance frameworks, and their commitment is reflected in the availability of SOC 1 and SOC 2 Type 2 Reports. Additionally, the company has received multiple accreditations such as NCQA and URAC, ensuring they meet the highest quality standards expected in healthcare.
Continuous Innovation for Better Healthcare
The HITRUST i1 Validated Assessment and Certification maintains relevance in the context of growing cybersecurity concerns. The certification, which is valid for one year, helps organizations manage existing and emerging threats effectively. JUDI utilizes curated control measures designed to build a robust framework, promoting resilience and adaptability over time.
Evidence of Industry Leadership
Jeremy Huval, Chief Innovation Officer at HITRUST, notes that Capital Rx's certification is proof of their leadership in the field of information risk management. Their proactive approach illustrates a commitment to enhancing critical healthcare infrastructures.
Future Directions for Capital Rx
With ongoing dedication to improving healthcare infrastructure, Capital Rx raises the bar in providing valuable services that enhance visibility in drug pricing and patient outcomes. Through innovations like JUDI®, Capital Rx supports millions of members across various healthcare plans, including Medicare and Medicaid.
Frequently Asked Questions
What is Capital Rx's main focus?
Capital Rx focuses on enhancing the pharmacy benefit management process to improve drug price visibility and patient outcomes.
Why is HITRUST certification important?
HITRUST certification demonstrates a company's commitment to safeguarding sensitive information through industry-leading security practices.
What does JUDI® specifically do?
JUDI® consolidates pharmacy benefit workflows into one scalable platform, ensuring compliance and security.
How does Capital Rx ensure data security?
Capital Rx follows strict cybersecurity standards, conducts regular audits, and seeks various accreditations to maintain high-quality standards.
What network does Capital Rx utilize for JUDI®?
JUDI® operates within the Amazon Web Services infrastructure, enhancing its security and scalability through advanced features.
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