STOCK TITAN

Karlsgate Partners with LexisNexis Risk Solutions to Deliver Secure Patient Data for Healthcare

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Karlsgate has partnered with LexisNexis Risk Solutions to develop a secure identity resolution platform for the healthcare sector. This collaboration aims to enhance data sharing capabilities while ensuring patient identity protection, an essential factor due to HIPAA regulations. The zero-trust environment will ease the burdens of custom data integrations for healthcare providers. Both companies emphasize the significance of secure and efficient data handling to improve health outcomes.

Positive
  • Partnership with LexisNexis enhances Karlsgate's market position in healthcare data solutions.
  • Zero-trust identity resolution can improve compliance and enhance data sharing efficiency.
  • The collaboration aims to secure patient identities while enabling better healthcare analytics.
Negative
  • None.

Collaboration expands the zero-trust identity resolution capabilities to support data sharing with identity protection

NEW YORK--(BUSINESS WIRE)-- Karlsgate, a secure data collaboration company, today announced that it is partnering with the Health Care business of LexisNexis Risk Solutions, the leading provider of healthcare identity analytics and insights, to introduce a secure identity resolution platform for the healthcare market.

Securing patient identities remains an industry focus spurred by HIPAA, yet it often prohibits the ability of organizations to conduct other clinical and operational functions that would benefit all stakeholders.

Using Karlsgate’s advanced data sharing capabilities in a zero-trust environment ensures efficient and compliant connectivity for all partners while removing the burden on providers of managing multiple custom data integrations. The ability for data owners to retain custody over sensitive data while sharing specific insights has been the cornerstone of Karlsgate’s solutions.

“We’re excited to be working with the Health Care business of LexisNexis Risk Solutions in their journey to pioneer an identity resolution offering that enables data sharing while protecting personal identities,” said Brian Mullin, CEO for Karlsgate. “The more secure, accurate and efficient we make bringing diverse data sets together, the quicker progress will be made improving health outcomes through the power of data.”

“LexisNexis Risk Solutions is dedicated to seeing that each aspect of the patient experience is protected,” said Jeff Diamond, President and General Manager of the Health Care business of LexisNexis Risk Solutions. “Karlsgate is a proven leader in enabling secure data sharing with their privacy-by-design platform and we look forward to integrating this expertise to put the power of analytics to work across healthcare.”

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

About Karlsgate
Karlsgate is an innovative secure data collaboration company. Through the Karlsgate Identity Exchange and patent pending cryptoidentity technology, we empower data owners, brands, publishers, agencies and technology companies to share consumer insights freely without exposing consumer identities. Karlsgate was recognized by I-COM Global as Data Startup of the Year for 2020. For more information, visit karlsgate.com.

Brian Mullin

302-543-2050

brian.mullin@karlsgate.com

Source: Karlsgate

FAQ

What is the new partnership between Karlsgate and LexisNexis Risk Solutions about?

Karlsgate and LexisNexis Risk Solutions are collaborating to create a secure identity resolution platform for the healthcare market.

How does the partnership address HIPAA compliance?

The partnership focuses on secure data sharing while protecting patient identities, aligning with HIPAA regulations.

What technology does Karlsgate offer in this partnership?

Karlsgate provides advanced data sharing capabilities in a zero-trust environment.

What is the potential impact of this collaboration on healthcare outcomes?

The collaboration aims to improve health outcomes by facilitating secure and efficient data integration for analytics.

When was the partnership between Karlsgate and LexisNexis announced?

The partnership was announced on November 17, 2021.

RELX PLC

NYSE:RELX

RELX Rankings

RELX Latest News

RELX Stock Data

89.40B
1.86B
3.98%
0.13%
Specialty Business Services
Industrials
Link
United States of America
London