Healthcare Industry Contract to Pilot HIPAA Compliance Solution in $1.6 Billion Market is Secured by NuMobile, Inc.
NuMobile, Inc. announced having secured a new agreement with a healthcare software company to pilot a network security monitoring system to support healthcare related security requirements. HIPAA, the Health Insurance Portability and Accountability Act, requires that all healthcare organizations apply certain practices to protect patient information and patient privacy. The goal of the pilot project is to provide a cost effective and comprehensive security management system that can be offered to both existing and new healthcare technology clients. The healthcare security industry reported revenues of $1.66 billion in 2007 and revenues are expected to reach $5.78 billion in 2014. HIPAA compliance is one of the driving forces behind the healthcare security industry’s strong growth.