HSBlox Achieves Renewal of SOC 2 Type II and HITRUST Certification for Enhanced Security Standards

HSBlox Achieves Significant Security Certification Renewals

HSBlox, a prominent player in the field of technology solutions for value-based care (VBC), has recently announced the successful renewal of two critical security attestations: SOC 2 Type II and HITRUST certification. This accomplishment is a testament to HSBlox's unwavering dedication to maintaining high standards of information security for its innovative CureAlign® platform.

Understanding SOC 2 and HITRUST Certifications

The SOC 2 Type II attestation is grounded in the American Institute of Certified Public Accountants (AICPA) Trust Services Criteria, focusing on five key trust principles: security, availability, processing integrity, confidentiality, and privacy. Achieving this certification involves a comprehensive assessment of an organization’s internal controls over an extended period, in this case, six months. This rigorous audit ensures that the internal policies and procedures in place uphold the strictest security measures necessary for protecting sensitive customer data.

In parallel, the HITRUST Common Security Framework (CSF) certification signifies compliance with essential regulatory requirements while also addressing the unique complexities of the healthcare industry. This framework is crucial for organizations handling sensitive healthcare information, as it ensures that they adhere to best practices in managing risk and safeguarding patient data.

The Importance of Cybersecurity in Healthcare

As the landscape of cyber threats continues to evolve, the importance of robust cybersecurity practices in healthcare becomes increasingly apparent. HSBlox's CEO, Rahul Sharma, highlighted this pressing concern, stating, "As more sophisticated methods of hacking proliferate, network, application, and data security are more important than ever.” The commitment to protecting customer data remains the top priority for HSBlox, validating their ethical responsibility in the sector.

Operationalizing Value-Based Care

The HSBlox platform stands out in the marketplace due to its ability to simplify and operationalize complex contracts related to value-based healthcare programs. This includes facilitating transparency and efficient communication among various stakeholders involved in healthcare delivery. By streamlining these processes, HSBlox supports healthcare organizations in effectively administering their value-based programs, which can range from contract modeling to data exchange and payment processing.

The CureAlign® platform’s innovative design allows it to tackle the intricacies associated with value-based care, ensuring not only compliance but also enhancing performance metrics that are increasingly essential in today’s healthcare climate. With unique features that support different payment models, HSBlox empowers healthcare providers to combine global reimbursement strategies with targeted episode-specific arrangements, all aimed at achieving the Quintuple Aim for healthcare improvement.

A Commitment to Excellence

The successful renewal of these certifications marks a significant milestone for HSBlox and reflects their ongoing commitment to excellence in healthcare technology. Organizations working with HSBlox can feel assured that they are collaborating with a provider that prioritizes security and reliability in its operations. As healthcare continues to embrace technology, HSBlox remains at the forefront, helping organizations transition to value-based care with confidence and integrity.

To learn more about HSBlox and its innovative solutions for value-based care, visit their website and follow them on LinkedIn for the latest updates on VBC program administration.