BOXFORD, MA – Iatric Systems, Inc., will endow a hospital in need with an enterprise-wide patient privacy and auditing security solution worth $50,000 to $100,000, company officers have announced.
The Boxford, Mass.-based vendor is accepting applications until March 2 and will announce the winner of the special endowment on April 6 at the HIMSS09 Conference in Chicago. The company will back the endowment with three years of service and support.
John Danahey, director of marketing at Iatric, said the idea for an endowment started small, then grew exponentially. "Iatric has been fortunate to have many consecutive years of success," he said. "The endowment program is a great way to give back in our industry."
The winning hospital will be selected based on financial need and a demonstrated need for more comprehensive personal health information protection. "Some hospitals don't have the resources to do comprehensive auditing, and some only do a random sample approach," Danahey said. "This is a time-consuming process and only scratches the surface."
Joel Berman, founder and president of Iatric Systems, said the endowment was created to help a hospital in need reduce its risk of internal security breaches and, ultimately, patient privacy. Iatric's Security Audit Manager is "a proven solution," he said, and is installed in more than 100 hospitals across the United States and Canada.
According to the Health Information Management Systems Society (HIMSS) 2008 leadership survey, internal security breaches are the top concern among CIOs regarding privacy of electronic patient records.
Berman said breaches are often caused by a breakdown in procedures and damage a hospital's brand name. A recent HIMSS Analytics report indicates hospitals lose about $6.3 million per incident.
Qualifying hospitals must by 400 beds or less, licensed, not-for-profit and single-facility acute care.
"We want the hospital to make its case," Danahey said.
Applications will be accepted at www.iatric.com/endowment.
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