STOCK TITAN

WidePoint's Subsidiary IT Authorities Awarded New Contract to Provide Managed IT Services

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
WidePoint Corporation (NYSE American:WYY) announced that its subsidiary IT Authorities (ITA) has been awarded a new three-year contract initially valued at $216,000 from a mobile healthcare provider. The company is expanding its nationwide reach to address the growing homebound patient population, reflecting their dedication to safeguarding patient privacy. This strategic partnership is a testament to WidePoint's ongoing commitment to excellence in the healthcare industry.
Positive
  • None.
Negative
  • None.

FAIRFAX, VA / ACCESSWIRE / December 4, 2023 / WidePoint Corporation (NYSE American:WYY), the innovative technology Managed Solution Provider (MSP) specializing in Identity & Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Analytics & Billing as a Service (ABaaS), and IT as a Service (ITaaS), announced that its subsidiary IT Authorities (ITA) has been awarded a new three-year contract initially valued at $216,000 from a mobile healthcare provider.

"IT Authorities is pleased to announce our newest managed services client in the healthcare sector, a mobile medical practice of doctors, nurse practitioners, and physician assistants making house calls," said Jason Caras, CEO of IT Authorities. "Based in Florida with locations in Ohio and Michigan, the company is expanding its nationwide reach to address the growing homebound patient population. Their unwavering commitment to compliance, particularly adherence to HIPAA regulations, reflects their dedication to safeguarding patient privacy. The selection of IT Authorities as their trusted partner underscores our ability to navigate the dynamic landscapes of the healthcare industry."

Jin Kang, WidePoint's CEO, added: "This strategic partnership is a testament to WidePoint's ongoing commitment to excellence in this pivotal field and ability to meet the rigorous technology standards of healthcare providers. This is an expansion opportunity for WidePoint. This contract is yet another example of how IT Authorities continues to deliver value for WidePoint by presenting new synergistic opportunities that solidify WidePoint's security and managed mobility solution as the benchmark for excellence and security in the industry."

About WidePoint
WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Analytics & Billing as a Service (ABaaS). For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gateway-grp.com

SOURCE: WidePoint Corporation



View source version on accesswire.com:
https://www.accesswire.com/812530/widepoints-subsidiary-it-authorities-awarded-new-contract-to-provide-managed-it-services

FAQ

What is the latest announcement from WidePoint Corporation (WYY)?

WidePoint Corporation (WYY) announced that its subsidiary IT Authorities (ITA) has been awarded a new three-year contract initially valued at $216,000 from a mobile healthcare provider.

What is the value of the new contract awarded to IT Authorities (ITA)?

The new three-year contract awarded to IT Authorities (ITA) is initially valued at $216,000.

What industry is the new contract in?

The new contract is in the healthcare sector, specifically for a mobile medical practice of doctors, nurse practitioners, and physician assistants making house calls.

Where is the mobile healthcare provider based?

The mobile healthcare provider is based in Florida with locations in Ohio and Michigan, and is expanding its nationwide reach.

What is the significance of this new contract for WidePoint Corporation (WYY)?

This strategic partnership is a testament to WidePoint's ongoing commitment to excellence in the healthcare industry.

What standards does WidePoint Corporation (WYY) aim to meet with this contract?

WidePoint aims to meet the rigorous technology standards of healthcare providers with this contract.

Who is the CEO of IT Authorities?

The CEO of IT Authorities is Jason Caras.

Who is the CEO of WidePoint Corporation (WYY)?

The CEO of WidePoint Corporation (WYY) is Jin Kang.

WidePoint Corporation

NYSE:WYY

WYY Rankings

WYY Latest News

WYY Stock Data

44.70M
7.83M
20.76%
10.56%
0.53%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
FAIRFAX