STOCK TITAN

Healthcare Triangle Achieves HITRUST Risk-based, 2-year Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Healthcare Triangle Inc (HCTI) announced that its Cloud and Data Platform (CaDP) has achieved HITRUST Risk-based, 2-year Certification, validating its commitment to information security and regulatory compliance. This certification positions HCTI among an elite group globally, showcasing its ability to manage risks effectively across various federal and state regulations. The company's certification enhances collaboration in drug discovery while ensuring data protection. This achievement is vital for HCTI's reputation as a leader in healthcare IT and strengthens its market position.

Positive
  • Achieved HITRUST Risk-based, 2-year Certification for Cloud and Data Platform, enhancing credibility.
  • Certification demonstrates compliance with federal and state regulations, strengthening client trust.
  • Positioned among elite organizations globally, enhancing competitive advantage in healthcare IT.
Negative
  • None.

HITRUST Risk-based, 2-year Certification validates Healthcare Triangle is committed to meeting key regulations and protecting sensitive information

PLEASANTON, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- Healthcare Triangle Inc., (Nasdaq: HCTI) (“HCTI” or the "Company"), a leading provider of cloud and data transformation solutions for healthcare and life sciences, today announced its Cloud and Data Platform (CaDP) hosted on Amazon Web Services (AWS) and the supporting network infrastructure hosted on the O365 Cloud has earned Certified status for information security by HITRUST.

HITRUST Risk-based, 2-year (r2) Certified status demonstrates that HCTI’s Cloud and Data Platform (CaDP) has met key regulations and industry-defined requirements and is appropriately managing risk. This achievement places Healthcare Triangle in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls.

“Our HITRUST Certification for Cloud and Data Platform (CaDP), marketed as CloudEz and DataEz, shows how we continue to adopt and surpass industry best practices that enable us to stand out as a leader in life sciences and healthcare IT,” said Suresh Venkatachari, Chairman and CEO of Healthcare Triangle. “We are pleased to demonstrate to our clients the highest standards for data protection and information security by achieving HITRUST Risk-based, 2-year Certification.”

“Advances in Drug discovery and development require collaboration among Life Sciences and Healthcare organizations, to share data and algorithms, without leakage of either organization’s Intellectual property, HITRUST certification enables such a collaboration through our CloudEz and DataEz Platforms,” said Sudish Mogli, CTO of Healthcare Triangle. “We remain committed to ensuring our solutions meet the highest industry standards available to help them mitigate security risks, so they can focus on outcomes.”

“In today’s ever-changing threat landscape, HITRUST is continually innovating to find new and creative approaches to address challenges,” said Jeremy Huval, Chief Innovation Officer, HITRUST. “Healthcare Triangle’s HITRUST Risk-based, 2-year Certification is evidence that they are at the forefront of industry best practices for information risk management and compliance.”

About Healthcare Triangle, Inc. (HCTI)

Healthcare Triangle, Inc. based in Pleasanton, California., reinforces healthcare progress through breakthrough technology and extensive industry knowledge and expertise. We support healthcare providers including hospitals and health systems, payers, and pharma/life sciences organizations in their effort to improve health outcomes. Healthcare Triangle enables the adoption of new technologies, data enlightenment, business agility, and response to immediate business needs and competitive threats. The highly regulated healthcare and life sciences industries rely on Healthcare Triangle for expertise in digital transformation encompassing the cloud, security and compliance, data lifecycle management, healthcare interoperability, and clinical and business performance optimization. For more information, visit HealthcareTriangle.com.

Healthcare Triangle, Inc. Contact:
For Media Enquiries:
Michael Campana
michael.c@healthcaretriangle.com

Healthcare Triangle, Inc. Investor Relations:
John McNamara
john@tradigitalir.com
917-658-2602


FAQ

What is HITRUST Certification and why is it important for HCTI?

HITRUST Certification verifies that HCTI's Cloud and Data Platform meets stringent security and regulatory requirements, enhancing its credibility and trust in the healthcare sector.

How does HCTI's HITRUST Certification impact its business?

The certification strengthens HCTI's position in the healthcare IT market, allowing for better collaboration in data sharing and protecting sensitive information.

When did Healthcare Triangle announce its HITRUST Certification?

Healthcare Triangle announced its HITRUST Certification on April 20, 2022.

What platforms does HCTI promote under its HITRUST Certification?

HCTI promotes its Cloud and Data Platform as CloudEz and DataEz under the HITRUST Certification.

What are the key benefits of HCTI's HITRUST Certification?

Key benefits include enhanced data protection, regulatory compliance, and improved trust among clients in the healthcare and life sciences sectors.

Healthcare Triangle, Inc.

NASDAQ:HCTI

HCTI Rankings

HCTI Latest News

HCTI Stock Data

2.90M
5.67M
48.03%
2.03%
1.21%
Health Information Services
Services-computer Integrated Systems Design
Link
United States of America
PLEASANTON