Autonomize AI, a Generative AI Company in Healthcare, is growing in securing patient privacy, data security, and early trust with customers after being SOC 2 and HIPAA compliant.
Autonomize AI is an innovative healthcare technology company specializing in AI-driven solutions for clinical research and care delivery. They knew that data privacy and security is a paramount concern in the healthcare industry. Kris Nair, Co-founder and CTO of Autonomize AI, stated, “For any Healthcare AI platform, HIPAA and SOC 2 compliance aren’t just checkboxes; they’re crucial pillars of trust. Especially with the demand from our Fortune 500 customers, we needed to accelerate our compliance with these standards.”
To protect their customers’ sensitive data, Autonomize AI sought HIPAA and SOC 2 attestation by leveraging Akitra’s Compliance Automation Platform. However, before partnering with Akitra, they confronted numerous challenges in their quest for HIPAA and SOC 2 attestation. These challenges included:
The Need for Specialized Expertise: HIPAA and SOC 2 are comprehensive and intricate compliance standards, making it easier for the company to fully navigate and comprehend the requirements with expert guidance.
The Cost of Compliance: HIPAA and SOC 2 compliance can be expensive. This was a challenge for Autonomize AI, an early-stage company.
Time Constraint: They were busy with customer signups and deployments and needed more time to complete the compliance work.
Preparing For the Attestation Process: Preparing for the rigorous attestation process and ensuring all controls and procedures aligned with HIPAA and SOC 2 standards demanded expert guidance.
With Akitra’s extensive experience in healthcare compliance, Autonomize AI found a trusted partner to help them achieve HIPAA and SOC 2 attestation. Akitra’s team provided expert guidance on using policy management, documentation, and risk assessment tools to help them implement their compliance policies and procedures. This guidance helped to get the most out of the software tools and to ensure the compliance program was effective.
Akitra’s collaboration with Autonomize AI involved a series of strategic steps:
Thorough Compliance Assessment: Akitra conducted a comprehensive assessment of Autonomize AI’s existing security measures, policies, and procedures to identify gaps and areas for improvement.
Customized Compliance Roadmap: Based on the assessment results, Akitra developed a tailored compliance roadmap outlining essential steps and milestones for achieving HIPAA and SOC 2 attestation quickly.
Security Enhancement Implementation: Working closely with Autonomize AI’s internal teams, Akitra helped implement enhanced security measures to meet the stringent requirements of both compliance standards.
Ongoing Compliance Support: Akitra provided continuous support and guidance to ensure Autonomize AI’s adherence to HIPAA and SOC 2 regulations beyond the initial attestation.
HIPAA compliance is crucial for companies handling Protected Health Information (PHI) to protect patient privacy, safeguard data integrity, and prevent potential breaches. SOC 2 attestation further solidifies their position as a trusted and secure healthcare technology provider. The positive outcomes that resulted from the collaboration strengthened the company’s commitment to data security and privacy.
Autonomize AI has already reaped positive outcomes from achieving HIPAA and SOC 2 compliance:
Enhanced Security: Improved security posture by implementing effective security controls and procedures. They are now able to identify and mitigate risks to their data.
Customer Trust: Trust with current and new customers gives them confidence that their data is safe with Autonomize AI.
Boost Sales Growth: Access to a broader range of healthcare customers and markets, expanding its business opportunities. Kris Nair said, “HIPAA and SOC 2 compliance are helping us to close a few million dollars worth of new sales; it’s like an investment for us.”
Competitive Advantage: Achieving both attestations sets Autonomize AI apart from competitors, making it a preferred choice for healthcare organizations seeking secure and compliant solutions.
In a nutshell, with Akitra’s expertise and dedicated focus on security, Autonomize AI is now better equipped to protect its customers’ sensitive data. This is important, as healthcare data is some of the most sensitive data in the world. By complying with HIPAA and SOC 2, Autonomize AI is demonstrating its commitment to protecting the privacy and security of its customers’ data.