Interoperability in healthcare refers to how different software and data storage systems, including the customer relationship management systems, content management systems, and even billing systems work together in a compatible and secure way. Interoperability in healthcare systems not only help ensure HIPAA compliance for medical providers and their business associates, but can also lead to…
With telehealth on the rise due to the pandemic, HIPAA-compliant file sharing and HIPAA-compliant cloud storage have never been more important. The CDC stated that 95 percent of health centers reported using telehealth during the COVID-19 pandemic, up from 43 percent in 2019. But it’s not just organizations that deploy telehealth services that require…
Firms undergoing a merger or acquisition or seeking capital from private investors should be ready for an operational due diligence (ODD) review. Most commonly used in financial firms, particularly by hedge funds and other investment firms, and in industrial M&A deals, an ODD can also benefit retail organizations and any business. There are many…
Intercompany transactions often carry unique legal and financial challenges for the parent company and its subsidiaries that may benefit from the cash or assets exchanged. Even if both companies do everything “by the books,” with a clear record of transactions, lenders may not look favorably upon intercompany transactions. These types of transactions can also muddy…
A statutory financial statement is a kind of statutory report required by every publicly held company. These statutory reports must be shared with stockholders and also filed with the Securities and Exchange Commission. But even if your company is not publicly held, it’s a smart idea to keep these important financial statements up to date…
Startup founders have a lot to think about when they first enter the fundraising phase of their business. Venture capital firms and angel investors will undoubtedly want to go through a multi-step due diligence process. While due diligence can vary widely based on the industry and what traits the investors are looking for, it…
When it comes to document control, it’s crucial to protect the master file. Not only does a company’s master file leave an audit trail should you need it, but you can also revert to the original document if critical issues with subsequent versions arise. What can happen to master files? As it turns out,…
If you’re considering transitioning to digital document sharing through a virtual data room (VDR), you may be surprised by how easy it is to make the switch. Especially with trusted advisors to guide you, your organization can be assured of a safe and secure transition for your mission-critical files. Best of all, you can…
Business owners, CIOs, and IT leaders have choices when it comes to file sharing solutions. But how do you evaluate the best secure filing sharing for business? What are the must-have features? How can a virtual data room provide a more reliable way to share documents versus other Software as a Service (SaaS) solutions? …
If you’re considering investing in an SaaS product to compile, share and sign files easily — especially for sensitive financial information — you may wonder whether you should use a transaction room or virtual data room (VDR) for file sharing. Understanding the difference in the technology, features and scenarios when choosing a VDR over a…