03:54:49 EDT Thu 25 Apr 2024
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or Name
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CA



Identillect Technologies Corp
Symbol ID
Shares Issued 46,134,654
Close 2016-06-08 C$ 0.185
Market Cap C$ 8,534,911
Recent Sedar Documents

Identillect customer Only Medicare uses Delivery Trust

2016-06-09 09:06 ET - News Release

Mr. Todd Sexton reports

ONLY MEDICARE SOLUTIONS BEGINS IMPLEMENTING IDENTILLECT TECHNOLOGIES

Only Medicare Solutions has commenced implementing Identillect Technologies Corp.'s Delivery Trust within its network of health insurance professionals across seven states in the United States.

Based in Washington, Only Medicare Solutions is licensed in Washington, Oregon, Idaho, Utah, Tennessee, Florida and California, and provides client services for over 450 health insurance professionals as well as many hospitals and medical providers.

Tim Altman, president and chief executive officer of Only Medicare Solutions, states: "With the ongoing HIPAA audits, it is crucial to remain compliant in our digital communications and there is no simpler way for my agents to communicate back and forth securely with our clients. The security and integrity of our client communications is of paramount importance to Only Medicare Solutions; this is why we selected Identillect as our security provider."

Todd Sexton, president of Identillect, states: "The health care industry in the United States represents a very large market opportunity for Identillect due to changing regulations and patient privacy. Working with Only Medicare Solutions is a very large testament of the quality and simplicity of our Delivery Trust solution and we look forward to the ongoing value it can bring for our shareholders."

Only Medicare Solutions provides its members with a range of compliance and agent tools to facilitate their business needs and meet Health Insurance Portability and Accountability (HIPAA) regulations. Together, Only Medicare Solutions and Identillect are collaborating to provide Delivery Trust to health insurance professionals across the U.S. to ensure compliance with the growing complexities of HIPAA.

Due to the recent initiative of phase two audits, covered entities and business associates are required to take a closer look at their security technology and policies and procedures. "This next phase of the audit program will review the HIPAA policies and procedures adopted and used by both business associates and covered entities to meet certain standards and implementation specifications of the Privacy, Security and Breach Notification Rules," states the Lexology website.

HIPAA has become a significant influencer on how business is conducted as it relates to the medical industry. This regulation mandates that any patient medical information must be secured, at rest or in transit, by a medical provider, covered entity, or associate.

We seek Safe Harbor.

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