Patient Privacy Challenges and Customer Success Drive 2008 Triple Digit Revenue Growth for FairWarning

FairWarning, Inc., the world’s leading supplier of cross-platform healthcare privacy auditing solutions for Electronic Health Records, today announced in the first six months of 2008, the company more than doubled revenues over the same time period of the previous year. FairWarning transitioned from break even to profitable during the first half of 2008. The company expects by year end 2008, to double 2007 revenues.

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–FairWarning, Inc., the world’s leading supplier of cross- platform healthcare privacy auditing solutions for Electronic Health Records, today announced in the first six months of 2008, the company more than doubled revenues over the same time period of the previous year. FairWarning® transitioned from break even to profitable during the first half of 2008. The company expects by year end 2008, to double 2007 revenues.

FairWarning® has experienced a spike in sales of its privacy auditing solutions across every sector of the healthcare industry including: hospitals, health systems and major physician offices. FairWarning® attributes its triple-digit growth and growing customer base to a drastic increase in major identity theft and employee snooping incidents. Additionally, the news of HIPAA audits has fueled an industry-wide realignment of priorities with privacy and security compliance at the top of mind for healthcare organizations.

“Driving our market is the recognition among healthcare organizations and patients that private patient data can be compromised and used for fraudulent purposes,” said Kurt Long, CEO of FairWarning, Inc. “Our company is laser focused on enabling our customers to proactively thwart patient privacy breaches while meeting specific auditing provisions of HIPAA.”

FairWarning® is increasingly being brought into a global marketplace driven by universal concerns for patient privacy. In the US, government action and widely publicized privacy breeches have created a sense of urgency to protect patient privacy. Patient privacy is a global issue and international healthcare organizations are just beginning to recognize the impact of patient privacy issues. These organizations are looking at how leading healthcare organizations in the US are safeguarding and auditing patient privacy data.

“Healthcare patient privacy challenges are an issue for any healthcare organization whether in the US or abroad and we are uniquely positioned to protect these organizations from emerging legal and privacy threats,” said Long. “We anticipate that our continued success both in the US and abroad will solidify our position as the world’s leading supplier of healthcare privacy auditing solutions.”

FairWarning® has introduced out of the box privacy auditing solution packages for EHRs specifically optimized for the healthcare industry. FairWarning Essentials, EssentialsPlus and Enterprise are all- inclusive, turn-key solutions for healthcare organizations of all sizes. The FairWarning family of product packages include support for every major healthcare application family, including: Allscripts, Cerner Millennium, ChartMaxx, Eclipsys, Epic, GE Centricity, Keane, Kronos, Misys, McKesson Care Manager, McKesson Horizon Expert Documentation, McKesson Meds Manager, McKesson Horizon Patient Folder,

McKesson Horizon Surgical Manager, McKesson STAR, McKesson STAR Audit, McKesson Pathways, MEDITECH MAGIC, MEDITECH Client/Server, MercuryMD, Misys, Siemens Invision, SunQuest, T- Systems and Wellsoft. FairWarning® also supports Windows servers, Unix servers, VPNs, and Single Sign On systems.

In addition to healthcare organizations, FairWarning recently added support of Audit Trail and Node Authentication (ATNA) to assist RHIO’s and HIE’s in auditing computer to computer transactions that drive the next generation of electronic health records.

 

About FairWarning, Inc.

FairWarning® is the world’s leading supplier of cross-platform healthcare privacy auditing solutions for Electronic Health Records. FairWarning® proactively protects healthcare organizations from emerging legal and privacy threats which include medical identity theft, identity theft, and other forms of healthcare information crimes. FairWarning® is industry’s leading best practice solution for automating HIPAA privacy auditing. The company is located in St. Petersburg, FL, to learn more, visit www.FairWarningAudit.com or call U.S. 727 576 6700.

2016-10-30T19:03:51+00:00