WILLIAMSVILLE, N.Y., May 21, 2024
/PRNewswire/ -- Penstock Group, a leader in the healthcare payment
integrity space, announced today that ClearBridge, its
comprehensive SaaS payment integrity solution, has earned certified
status by HITRUST for information security. Risk-Based, 2-year
(r2) Certification demonstrates that ClearBridge has met demanding
regulatory compliance and industry-defined requirements and is
appropriately managing risk.
This achievement places Penstock 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 framework of prescriptive and
scalable security controls.
"ClearBridge is unmatched in its ability to optimize the audit
workflow for health plans," says Penstock president Laura Collier. "Achieving HITRUST Certification
assures our clients that not only will they reap the benefits of a
more effective, less-burdensome claims auditing process, but their
sensitive and confidential information will be protected. Trust is
crucial in any business relationship — especially healthcare —
which is why HITRUST Certification was a top priority for everyone
at Penstock."
ClearBridge was designed and built by seasoned auditors to offer
seamless self-service in an all-in-one audit workflow platform that
negates the need for IT assistance and boasts intuitive search,
reporting and edit development. Penstock is part of Goodroot, which
launches and scales companies dedicated to increasing access and
affordability in healthcare.
"HITRUST Certification is globally recognized as validation that
information security and privacy controls are effective and
compliant with various regulations," says HITRUST chief innovation
officer Jeremy Huval. "HITRUST
Certification is considered the gold standard because of the
comprehensiveness and applicability of the control requirements,
depth of the assurance process, and level of oversight that ensures
accuracy."
ClearBridge empowers users to harness real-time data and
insightful metrics to develop a strategic game plan. That plan now
comes with the validation that Penstock is fully committed to the
highest level of cybersecurity and protection of sensitive
data.
About Penstock
Penstock is a service partner and SaaS
builder for forward-thinking health plans, empowering recovery,
audit and regulatory teams to get accuracy right from the
start—when it matters most. Our payment integrity and regulatory
technology and services remove inefficiencies, costly errors and
wasteful spending, ultimately lowering healthcare costs for payer
organizations and their members. penstockgroup.com
About Goodroot
Goodroot is a community of
companies reinventing healthcare one system at a time. With a
shared mission of increasing affordability and access in
healthcare, Goodroot provides business infrastructure to help
visionary healthcare professionals launch their own companies to
fix chronic problems in the system. Goodroot's affiliate companies
— AlignRx, Breez, CoeoRx, Empara, Emry Health, Nuwae,
Penstock, RemedyOne and Sola — offer innovative services and
strategic guidance for healthcare stakeholders such as employers,
brokers, PBMs, health plans, third-party administrators,
pharmaceutical manufacturers and hospitals. Goodroot was named a
2023 Top Impact Company by Real Leaders. goodrootinc.com
Contact:
Liz Chasse
860-254-6668
378014@email4pr.com
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SOURCE Penstock Group