The Center for Innovative Technology GAP Fund has invested an undisclosed amount in Ostendio, a DC-based company that developed a software-as-a-service offering aimed at helping health IT companies better achieve and prove HIPAA compliance.
CIT GAP Fund, a group of seed and early-stage investment funds, invests in Virginia-based technology, life science, and cleantech startups.
Ostendio was...
Less than a year after COO and chief information security officer Grant Elliott left Voxiva to found his own company, Washington, DC-based Ostendio, it has launched its first product, MyVirtualComplianceManager (myVCM), in open beta. The product is a software-as-a-service offering currently aimed at helping health IT companies better achieve and prove HIPAA compliance. Elliott said it came...
by Grant Elliott, Founder & CEO, Ostendio
By simply following the media hype around the recent September 23rd implementation deadline, you could be forgiven for thinking that the final omnibus rule is bad news for mobile health application developers. To recap, the final omnibus rule came into effect on March 23, 2013 but "business associates" were given six months from that date to become...
