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.
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.
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.