Posted

NEWS RELEASE

February 5, 2021

SUMMARY:

Smyyth LLC and Smyyth Technology LLC (“SMYYTH”) are pleased to announce that it has taken all necessary steps to achieve compliance with the Health Insurance Portability and Accountability Act (HIPAA). Through the use of Compliancy Group’s proprietary HIPAA solution, The Guard™, SMYYTH can track its compliance program and has earned the Seal of Compliance™, which is issued to organizations that have implemented an effective HIPAA compliance program through the use of The Guard™.

HIPAA is comprised of a set of regulatory standards governing the security, privacy, and integrity of sensitive healthcare data called protected health information (PHI). PHI is any individually identifiable healthcare-related information. If vendors who service healthcare clients come into contact with PHI in any way, those vendors must be HIPAA compliant.

SMYYTH has completed Compliance Group’s Implementation Program, adhering to the necessary regulatory standards outlined in the HIPAA Privacy Rule, Security Rule, Breach Notification Rule, Omnibus Rule, and HITECH.  Compliancy Group has verified SMYYTH’S  serious effort to achieve HIPAA compliance through The Guard.

Joseph D’Apolito, Smyyth’s Chief Financial Officer, stated that “ Even though we only do business in  B2B and this extra protection is not mandatory, completing this compliance process demonstrates our continuing commitment to provide a secure environment for customer information. Our Carixa™ cloud automated accounts receivable management system is a secure, encrypted platform for our customers’ data.

About SMYYTH

SMYYTH provides the Carixa™ Credit-to-Cash Cloud Platform (SaaS) and RPA automation-enabled Outsourced Services, including Receivables “Cure” projects, to enable companies to attain better cash flow and profits using best practices for managing credit, accounts receivable, collections, deductions, disputes, and cash application.

Carixa™ is a modular, end-to-end cloud platform and is scalable from mid-market to global enterprise. For the large organization, it comes with the consolidation of risks and accounts receivable management providing local operating responsibility within a corporate policy framework. Carixa integrates order-to-cash, credit, collections, deductions, reconciliation, EIPP, cash application,  customer portal automation, third party services, outsourcing, and more.