Participants in the advisory council reportedly include Ascension Ventures, the venture arm of St. Louis-based Ascension, as well as healthcare-focused firms 7wire Ventures, Frist Cressey Ventures and Echo Health Ventures, and several other national investment firms.
The best practices developed by the council will ensure that startups’ offerings will more readily align with the data privacy ordinances of more established healthcare organizations, accelerating the widespread adoption of those technologies and services.
“It makes [startups] more marketable or more viable,” Daniel Nutkis, CEO and founder of HITRUST, told TechCrunch. “Organizations tend to be reluctant to work with startups. … [Our certification] gave venture capital firms a level of comfort, and we saw it as an opportunity.”
Editor’s note: This article was updated at 5:35 p.m. to clarify the members of the advisory council.
More articles on cybersecurity:
Banner Health agrees to pay $6M to settle data breach lawsuit
Florida physician ordered to pay $10K for posting patient info in Yelp review
Amazon has free rein to NHS data
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
