ATLANTA, Dec. 14, 2010 /PRNewswire/ -- Orion HealthCorp, Inc., a leader in medical billing and practice management for more than 20 years, announced today that it has successfully attained SAS 70 Type II certification after an intensive third-party audit of the control processes Orion uses to handle its clients' critical data.
The American Institute of Certified Public Accountants' (AICPA) Statement on Auditing Standards No. 70 (SAS 70) certification means that Orion's clients and prospective clients can be assured the company adheres to the strictest standards of security and reliability for client data and information technology (IT) processing, including backup, storage, and transfer of data over the Internet.
"We are very pleased to have earned this certification," said Terrence Bauer, CEO and president of Orion. "The Type II level is the most stringent the AICPA offers and includes rigorous tests of IT security and other related control procedures. SAS 70 Type II certification is the gold standard for service organizations today, and we are proud to be among the companies that have achieved it."
Peace of Mind and Cost Savings for Clients
For Orion's clients, the certification is a mark of service quality that allows Orion to remain transparent with its clients in proving a secure system of internal controls.
"SAS 70 Type ll certification can also ensure significant cost savings for our clients regarding their own audits," continued Bauer. "Their stakeholders can accept a SAS 70 Type II report in lieu of conducting a separate audit of a service provider. So, we are bringing added value to our clients with this certification. SAS 70 Type II certification only goes to service professionals like Orion, who have clearly defined and secure controls in place to process and protect the data of their clients."
Orion's SAS 70 Type II certification covered areas including:
- Transaction processing
- Client transaction reporting
- Backup and recovery systems
- Proper controls and safeguards for hosting and processing client data via the Internet
While SAS 70 certification is the standard for publicly traded companies that are subject to federal Sarbanes-Oxley requirements, it is also valuable for private companies that use third-party service providers and are planning on going public, preparing to be acquired, or wishing to adopt best practices for their industry.
About Orion HealthCorp, Inc.
Orion HealthCorp, Inc. is a trusted partner to physicians who require the specialized medical billing and practice management processes and technology necessary to successfully maximize the recovery of earned revenue and to manage stringent industry compliance mandates and insurance intermediaries. The company supports thousands of office-based physicians and hospital specialists in pathology, radiology, and anesthesiology; and delivers an intense focus on personal relationships and company accountability. Innovative tools, technologies, and operational processes enable the Orion team to capture missing revenues that other companies overlook and help clients mitigate the risks associated with choosing a billing partner or implementing a new billing process. Headquartered in Roswell, Ga., with offices in Alabama, California, Colorado, Illinois, Ohio and Texas, Orion HealthCorp is among the top medical billing and practice management companies in the United States. For more information, please visit: http://www.orionhealthcorp.com.
SOURCE Orion HealthCorp