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Verizon Introduces Cloud Portfolio To Help Health Care Industry Meet HIPAA Security Requirements

Stocks in this article: VZ

BASKING RIDGE, N.J., Oct. 1, 2012 /PRNewswire/ -- Verizon Enterprise Solutions on Monday ( Oct. 1) unveiled a comprehensive cloud and data center infrastructure portfolio specifically designed to help the health care industry meet the federal Health Insurance Portability and Accountability Act (HIPAA) requirements for safeguarding electronic protected health information.

Verizon is one of the first top-tier providers to offer these specialized services, which will include the secure storing of electronic protected health information (ePHI) in Verizon's Terremark data centers. With the cloud, health care professionals can collaborate, share patient information in near real-time, and store large volumes of data for electronic health records and radiology images. In addition, health care organizations can centralize their data so they can operate more efficiently.  

Available immediately, the new portfolio offers Verizon clients in the health care, insurance, pharmaceutical and supporting industries a full range of public and private cloud services that meet applicable physical, administrative and technical security controls under HIPAA.

The new health-care-enabled services are:  Colocation, Managed Hosting, Enterprise Cloud, Enterprise Cloud Express Edition and Enterprise Cloud Private Edition.  Along with each service, Verizon also provides a HIPAA Business Associate Agreement, through which Verizon works closely with clients to safeguard their patients' ePHI*. 

"Today's health care provider is faced with the enormous and costly burden of protecting personal health information for patients," said Dr. Peter Tippett, chief medical officer and vice president of Verizon's health IT practice. "To address this need, we are bringing to market a suite of cloud services that enables health care providers to secure patient data while offloading the burden of building and managing their own data centers.  By enabling a connected health care system, we intend to transform U.S. health care delivery."

Experts believe the market for secure and reliable computing and security solutions will grow rapidly through 2014 as physicians, clinics and hospitals move from paper-based to electronic record keeping in an effort to improve patient care and reduce costs.  The U.S. government has mandated that health care providers transition to electronic health records within two years or face penalties through reduced Medicare and Medicaid payments.    

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