PHILADELPHIA, March 9 -- Fastech Integrated Solutions, a leading Software as a Service (SaaS) provider that enables high-technology companies to deliver superior web-based OnDemand solutions, announced today that it will complete the certification process to offer HIPAA (Health Insurance Portability and Accountability Act of 1996) compliance to its customers.
"As the OnDemand software segment continues to grow, customers need the assurance of compliance levels that only certifications such as HIPAA and SAS 70 can provide," explained Rick Hirsh, Chief Executive Officer of Fastech. "Having recently completed SAS 70 Type I certification with an independent auditor and expecting to complete Type II certification soon, we continue to create value for customers by adding HIPAA certification. This will open up new markets for them."
Established by the American Institute of Certified Public Accountants (AICPA), SAS 70 certification provides assurances that data center controls are suitably designed, that these controls are operating effectively, and provides guidance for independent auditors who issue reports on the processing of transactions by service organizations such as OnDemand software providers. Section 404 of the Sarbanes-Oxley Act of 2002 requires that publicly traded financial and service companies comply with SAS 70 regulations. The Department of Health and Human Services mandates standards-based implementations of HIPAA by all health care organizations that create, store or transmit electronic protected health information. Non-compliance can trigger fines and/or imprisonment.
"Achieving SAS 70 and HIPAA compliance is a lengthy process and requires a strong financial and operational commitment to OnDemand. We've been in the specialized hosting and OnDemand space for over two decades, serving many Fortune 500 and smaller organizations. We are pleased to have our experience and capabilities validated by an independent source, Schramm & Company, P.C," added Hirsh.
Fastech Integrated Solutions is a leading provider of Software as a Service (SaaS) enablement and powers the delivery of superior web-based OnDemand solutions for high-technology companies. Fastech specializes in making existing vertical applications available via the web, ensuring 99.99% availability and uptime, and providing billing, provisioning and customer life-cycle management services. Fastech's state-of-the-art hosting facilities feature an on-site Data Center with dual fiber telecommunication feeds, large- scale UPS and diesel generator backup, extensive physical and network security, and fully staffed 24x7x365 coverage. Having been in the business for over 20 years, we're looked upon as a leader in best practices for some of the largest and most well-known companies in the world. The company is headquartered in Broomall, Pennsylvania, a suburb of Philadelphia. For more information, please visit FastechHS.com.
Source: Fastech Integrated Solutions
CONTACT: Steve DeAngelis of Fastech Integrated Solutions,
Web site: http://fastechhs.com/