Company Research Report: Clearwater Security & Compliance LLC

Company Overview

• Name: Clearwater Security & Compliance LLC

• Mission: Clearwater moves organizations across the healthcare ecosystem to a more secure, compliant, and resilient state so they can achieve their mission.

• Founded: 2009

• Founder: Bob Chaput

• Key People:

• Steve Cagle (CEO)

• Bob Chaput (Executive Chairman)

• Headquarters: Nashville, TN

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: Clearwater is known for being the leader in healthcare cybersecurity and compliance, combining deep healthcare security expertise with MSSP capabilities, managed cloud services, consulting, assessments, and compliance software.

Products

• Managed Security & Compliance Programs: Fully outsourced, expert-led security, compliance, risk, and privacy programs.

• Healthcare's MSSP: Provides 24/7 monitoring, threat detection, vulnerability management, firewall management, and incident response.

• Managed Cloud Services: Offers Microsoft Azure Cloud services optimized for security and compliance.

• Cybersecurity Services: Includes expert security assessments, testing, remediation, and execution services.

• Compliance Services: Helps achieve and maintain compliance with standards like HIPAA, HITRUST, and SOC 2.

• IRM|Pro Software®: Award-winning software for risk and compliance management.

Product Descriptions and Key Features

1. IRM|Pro Software:

• Facilitates identification and management of cybersecurity risks.

• Provides insights to reduce risk and optimize security investments.

• Ensures alignment with HIPAA compliance requirements.

2. IRM|Analysis®:

• A comprehensive and efficient NIST-based risk analysis tool.

• Ensures a 100% success rate for OCR audits when used with recommendations.

• Provides dashboards for visibility and predictive risk ratings.

3. IRM|Privacy®:

• Assists in managing compliance with HIPAA Privacy and Breach Notification Rules.

• Features gap assessments and automated remediation planning.

4. IRM|Security®:

• Supports HIPAA Security Rule compliance.

• Facilitates audit simulations and automated recommendation generation.

5. IRM|405(d) HICP™:

• Assessment tool for Health Industry Cybersecurity Practices.

• Provides executive dashboards and consolidated findings for remediations.

Recent Developments

• Acquisitions:

• Acquired CynergisTek and TECH LOCK to enhance security operations and HITRUST services.

• New Products/Features:

• Introduction of IRM|405(d)™ software tool.

• AI/ML-enabled Predictive Risk Rating and Peer-to-Peer Benchmarking capabilities in IRM|Analysis®.

• Partnerships:

• Partnered with CareHealth.ai to leverage Azure cloud environment through Managed Cloud Services.

• Awards:

• Won 2023 Cybersecurity Excellence Awards for Best Cybersecurity Solutions Consolidator Company and Best Security Risk Management Solution for Healthcare.

• Industry Recognitions:

• Recognized as a top Cybersecurity Advisor & Consultant in the Black Book Market Research’s survey.

• Ranked #50 on MSSP Alert’s Top 250 MSSPs for 2023.

This report encapsulates the essence of Clearwater Security & Compliance LLC's operations, highlighting the company's comprehensive approach to healthcare cybersecurity and compliance. The data presented reflects the company's commitment to advancing the secure, compliant, and resilient state of healthcare organizations.