Independent Third Party Schellman & Company Confirms Global Source-to-Pay Leader Surpasses Rigorous Privacy and Security Requirements for Healthcare Organizations
CARMEL, Ind., Feb. 27, 2018 (GLOBE NEWSWIRE) -- Determine, Inc. (NASDAQ:DTRM), a pioneering leader in global Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) Cloud Platform solutions, announced today that the company has successfully met the requirements to comply with the Health Insurance Portability and Accountability Act (HIPAA) and Health Information Technology for Economic and Clinical Health (HITECH) Act, as examined by an independent third party, Schellman & Company. The HIPAA Compliance Program demonstrates Determine's ongoing commitment to healthcare organizations and increasing customer confidence.
The HIPAA Privacy and Security Rules set forth stringent requirements for safeguarding personal health information. The U.S. Department of Health & Human Services oversees and enforces these regulations to protect individuals’ medical records and other personal health information which apply to health plans, health care clearinghouses, and health care providers that conduct certain health care transactions electronically.
“Our HIPAA Compliance Program further establishes Determine as an industry-leading cloud platform for healthcare organizations. But we recognize that compliance with the requirements of the HIPAA is a process, not a one-off event. We are committed to maintaining and improving our compliance activities regularly, with independent examination and verification to support these accomplishments. As a premier provider of technology services and expertise to the healthcare industry, handling all sensitive data with the utmost regard for privacy and security is our first priority. For our large and growing base of healthcare customers, they can have full confidence in knowing that Determine is looking out for their best interests, and those of their patients, by fulfilling our responsibilities to data privacy and protection in every way we can.”
— Patrick Stakenas, President, CEO and Director, Determine, Inc.
Determine’s compliance with HIPAA and HITECH requirements, examined by independent compliance audit firm Schellman & Company, assures healthcare organizations that they can work with Determine as a Business Associate. Along with Determine’s SOC 2 attestation, compliance with the HIPAA rules reflects Determine’s commitment to providing the highest levels of security in SaaS Source-to-Pay and Enterprise Contract Lifecycle Management for the most demanding and regulated industries, including healthcare.
About Schellman & Company
Schellman & Company is a trusted provider to the world’s leading companies, from the Fortune 1000 and publicly traded companies, to privately held entities of all sizes, with a service delivery model that allows for optimum quality and client experience for organizations of every size and complexity.
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About Determine, Inc.
Determine, Inc. (NASDAQ:DTRM) is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance. Our technologies empower customers to drive new revenue, identify savings, improve compliance and mitigate risk.
The Determine Cloud Platform seamlessly integrates with major ERP or third-party systems such as SAP, Oracle, Sage, QAD and Microsoft. Modular solutions can be configured to add more as needed to provide additional value beyond spend management. Our unified master database and business process approach empower users at every level to make more informed and smarter decisions.
For more information, please visit: http://www.determine.com/.
Source: Determine, Inc.