Candid Health Successfully Completed Type 2 SOC 2 Examination with an Unqualified Opinion

• Candid Reported on Security, Availability, and Confidentiality Standards Established by The American Institute of Certified Public Accountants (AICPA) for its Revenue Cycle Automation Platform

SAN FRANCISCO, May 21, 2025 /PRNewswire/ -- Candid Health, the revenue cycle automation platform for healthcare providers, today announced that it has successfully completed a Type 2 System and Organization Controls 2 (SOC 2) examination for its Candid Health Revenue Cycle Automation Platform service for the period January 15, 2025, to April 15, 2025. The examination conducted by AssurancePoint, LLC (www.assurancepoint.cpa) found that Candid achieved its service commitments and system requirements as measured by the SOC 2 criteria for Security, Availability, and Confidentiality. The examination concluded in an unqualified (clean) opinion.

SOC 2 reports are attestation reports that examine controls at a service organization relevant to the security, availability, or processing integrity of a system (security, availability, and/or processing integrity categories) or the confidentiality or privacy of the information processed for the user entities (confidentiality or privacy categories). Candid's SOC 2 report provides users of its revenue cycle automation platform with information regarding the design and effectiveness of its internal controls relevant to the selected SOC 2 criteria. The information presented has been examined by an independent CPA firm.

"Our healthcare partners entrust us with some of their most sensitive data, so protecting customer information is foundational to everything we do," said Nick Perry, CEO and cofounder of Candid Health. "Completing our SOC 2 certification shows our dedication to safeguarding data and helps us earn the trust of our customers."

The successful completion of the SOC 2 examination demonstrates Candid's commitment to the security, availability, and confidentiality of its customer's data. Candid intends to continually execute and improve upon its internal controls and to provide consistent assurance to its customers via an annual SOC 2 report.

About Candid Health
Candid was founded by Nick Perry (CEO), Doug Proctor (COO) and Adam Reis. The team is on a mission to simplify medical billing, allowing providers to focus on delivering quality care. Trusted by more than 200 leading healthcare organizations, Candid's revenue cycle platform leverages advanced automation to decrease the cost to collect and increase net collection rates. The company is backed by Oak HC/FT, 8VC, First Round Capital, and Y Combinator. Learn more at https://www.joincandidhealth.com/company.

For more information visit www.joincandidhealth.com/.

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SOURCE Candid Health