HSBlox Achieves New SOC 2 Type II and HITRUST Certification
HSBlox Completes SOC 2 Type II and HITRUST Renewal
Independent audit confirms CureAlign® Platform aligns with security standards
HSBlox, a pioneering platform in value-based care (VBC) contract management, has achieved the renewal of its SOC 2 Type II and HITRUST Attestation report for the CureAlign® platform and its associated solutions. This renewal underscores HSBlox's commitment to maintaining high security and trust standards within its operations.
The audit process reinforces that HSBlox's Health Cloud Platform, alongside its information security practices, policies, controls, and operational procedures meet the rigorous SOC 2 standards focused on aspects such as security, privacy, and confidentiality. Furthermore, HITRUST Common Security Framework (CSF) certification highlights compliance with essential regulations and best practices in risk management.
Significance of SOC 2 Type II Attestation
The SOC 2 Type II attestation is a prominent evaluation method established by the American Institute of Certified Public Accountants (AICPA). It serves as an authoritative framework for assessing how organizations manage customer data, focusing on the effectiveness of their internal controls based on various trust principles.
This comprehensive evaluation entailed a meticulous examination of HSBlox's internal systems over a six-month timeframe, ensuring that the CureAlign® platform and its built-in applications complied with established requirements and standards for data management and processing integrity.
Commitment to Data Security
In a world where sophisticated cyber threats are increasing, the importance of robust network security and best practices in data management cannot be overstated. Rahul Sharma, CEO of HSBlox, emphasized that safeguarding customer data remains the utmost priority for the company. This annual certification exemplifies HSBlox's dedication to upholding industry-leading standards for data security.
As organizations navigate complex contracts, the HSBlox platform offers transparency and enhances communication between stakeholders, streamlining interactions in the value-based care ecosystem.
About HSBlox
Based in Atlanta, HSBlox is a transformative technology provider focused on equipping healthcare organizations with innovative tools and support to implement sustainable value-based care initiatives effectively. The CureAlign® platform enables organizations to manage various facets of value-based programs, including contract modeling, network development, and payment processes.
HSBlox's unique hierarchical approach facilitates seamless VBC participant onboarding, making it easier to integrate global reimbursement initiatives with specific episode-based agreements, promoting transparency essential for achieving healthcare improvement goals.
Frequently Asked Questions
What does SOC 2 Type II certification entail?
SOC 2 Type II certification evaluates an organization’s controls regarding data security, availability, processing integrity, privacy, and confidentiality over a specific period.
What is HITRUST CSF?
The HITRUST Common Security Framework (CSF) is a certifiable framework that integrates various regulations and standards to manage risk and ensure data privacy and security in the healthcare sector.
How does the CureAlign® platform assist healthcare organizations?
The CureAlign® platform streamlines VBC contract management, enhancing transparency and communication, ultimately assisting healthcare organizations in executing their value-based care initiatives efficiently.
How frequently does HSBlox undergo audits for certifications?
HSBlox conducts annual audits to ensure compliance with industry standards and maintain certifications such as SOC 2 Type II and HITRUST.
Why is data security a priority for HSBlox?
With increasing cyber threats, HSBlox prioritizes data security to protect customer information and uphold trust in its technology solutions for value-based care.
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