CynergisTek Adds New West Coast Health Care Agency to Growing Client Base and Signs Six-Figure Contract for Information Blocking and Interoperability Services
May 03 2022 - 7:00AM
Business Wire
New client turns to CynergisTek for compliance expertise and
information blocking and interoperability services
CynergisTek, Inc. (NYSE American: CTEK), leading cybersecurity,
privacy, compliance, and IT audit firm helping organizations in
highly regulated industries navigate emerging security and privacy
issues, has been selected for a new contract by a west coast health
care agency for information blocking and interoperability
assessment and consulting services. In this six-figure agreement,
CynergisTek will support the client’s efforts to evaluate their
overall data governance processes and assess compliance with the
ONC’s Cures Act Final Rule.
CynergisTek will provide the client with a comprehensive
approach for understanding applicable information blocking and
interoperability requirements, recommendations for prioritizing
compliance efforts and business practices, and remediation support
for implementing and managing compliance initiatives. CynergisTek
was awarded this contract due to its reputation in the market and
its team of highly experienced compliance, privacy, and information
security consultants that understand the complexities of
organizations that operate as both healthcare providers and
payers.
Healthcare organizations are making sure their systems and
practices are ready to meet the requirements of the 21st Century
Cures Act, especially to advance interoperability, support the
access, exchange, and use of electronic health information, and
address instances of blocking. “Our team, with their regulatory,
compliance, and privacy expertise, is able to evaluate an
organization’s systems and processes to ascertain gaps in meeting
the Cures Act requirements,” said Mac McMillan, CEO of CynergisTek.
“This is a relatively new service, and we continue to add new
clients. It’s very important to the healthcare organizations we
work with that they are not just compliant with the Act, but more
importantly, that they meet the expectations of their
patients.”
“With additional compliance dates coming into effect this year,
it is vital that healthcare providers, hospitals, health
information exchanges, and health IT developers understand how the
Cures Act may impact them and what is needed to comply with the
complex rules,” said Andrew Mahler, Vice President of Compliance
and Privacy Services at CynergisTek. “Our background and expertise
in privacy, healthcare compliance, IT audit, and information
security helps our clients not only understand new compliance risks
to their organization, but also how to improve compliance efforts
in policy and practice.”
About CynergisTek, Inc.
CynergisTek is a top-ranked cybersecurity consulting firm
helping organizations in highly-regulated industries, including
those in healthcare, government, and finance navigate emerging
security and privacy issues. CynergisTek combines intelligence,
expertise, and a distinct methodology to validate a company's
security posture and ensure the team is rehearsed, prepared, and
resilient against threats. Since 2004, CynergisTek has been
dedicated to hiring and retaining experts who bring real-life
experience and hold advanced certifications to support and educate
the industry by contributing to relevant industry associations. For
more information, visit www.cynergistek.com or follow us on Twitter
or LinkedIn.
Cautionary Note Regarding Forward Looking Statements
This release contains certain forward-looking statements
relating to the business of CynergisTek. These forward-looking
statements are within the meaning of Section 27A of the Securities
Act of 1933, as amended (the “Securities Act”) and Section 21E of
the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and can be identified by the use of forward-looking
terminology such as “believes,” “expects,” “anticipates,” “would,”
“could,” “intends,” “may,” “will,” or similar expressions. Such
forward-looking statements involve known and unknown risks and
uncertainties, including but not limited to uncertainties relating
to product/services development; long and uncertain sales cycles;
the ability to obtain or maintain proprietary intellectual property
protection; future capital requirements; competition from other
providers; the ability of the Company’s vendors to continue
supplying the Company with supplies and services at comparable
terms and prices; the Company’s ability to successfully compete and
introduce enhancements and new features that achieve market
acceptance and that keep pace with technological developments; the
Company’s ability to maintain its brand and reputation and retain
or replace its significant customers; cybersecurity risks and risks
of damage and interruptions of information technology systems; the
Company’s ability to retain key members of management and
successfully integrate new executives; the Company’s ability to
complete acquisitions, strategic investments, entry into new lines
of business, divestitures, mergers or other transactions on
acceptable terms, or at all; potential risks and uncertainties
relating to the existing and ultimate impact of the COVID-19
pandemic, including actions that may be taken by governmental
authorities to contain the COVID-19 outbreak or to treat its
impact, and the potential negative impacts of COVID-19 on the
global economy and financial markets; the general economic impact
of the ongoing war in Ukraine, including the impact of related
sanctions being imposed by the U.S. Government and the governments
of other countries, and the impact of potential reprisals as a
consequence of the war in Ukraine and any related sanctions; and
other factors that may cause actual results to be materially
different from those described herein as anticipated, believed,
estimated or expected. Certain of these risks and uncertainties are
or will be described in greater detail in the Company’s Form 10-K
and Form 10-Q filings with the Securities and Exchange Commission,
which are available at http://www.sec.gov. Given the risks and
uncertainties, readers should not place undue reliance on any
forward-looking statement and should recognize that the statements
are predictions of future results which may not occur as
anticipated. Many of the risks listed above have been, and may
further be, exacerbated by the COVID-19 pandemic, including its
impact on the healthcare industry, or the ongoing war in Ukraine.
Actual results could differ materially from those anticipated in
the forward-looking statements and from historical results, due to
the risks and uncertainties described herein, as well as others not
now anticipated. CynergisTek is under no obligation (and expressly
disclaims any such obligation) to update or alter its
forward-looking statements whether as a result of new information,
future events or otherwise.
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CynergisTek Investor Relations Contact: CynergisTek, Inc.
Bryan Flynn (512) 402-8550 x7 InvestorRelations@cynergistek.com
CynergisTek Media Contact: CynergisTek, Inc. Trinity
McPherson (443) 853-8468 trinity.mcpherson@cynergistek.com
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