Physician Based Medical Management, a national provider of independent peer review services, today announced successful completion of their 2020 SOC 2 Type 1 examination. The achievement reflects the organization’s commitment to data security, while giving them a competitive edge in their industry.

Cybersecurity Background

The company, which has been accredited through the URAC since 2012, has long demonstrated a commitment to regulatory compliance and quality assurance.

“IT and data security are top priorities at PBMM, and we appreciate the value of validating that commitment with our SOC 2 results,” explained Kathy Sergi, Chief Operating officer for Physician Based Medical Management.

While organizations in any vertical can benefit from privacy and security assessments, the medical industry often requires a higher level of compliance, noted Sergi.

PBMM SOC 2 Audit Process

Physician Based Medical Management was audited against the AICPA Trust Services Criteria for Security and Confidentiality. The SOC 2 Type 1 examination provided assurance regarding the design of controls placed into operation as of a point in time.

The effort was completed by the professional and independent third-party audit firm, 360 Advanced, Inc.

“We had a very tight deadline for completion,” explained Sergi, “and they finished two days before the due date. [It was] great time management, and we appreciated the consultative approach.”

About Physician Based Medical Management

Physician-Based Medical Management (PBMM) is a URAC accredited IRO focusing on peer review services for carriers, TPAs, Utilization Review Organizations and other Independent Review Organizations. Founded in 2004, PBMM offers customized solutions for its clients’ needs.

MUST READ: Responding to a Healthcare Data Breach