Clearwater Compliance is a leading provider of hospital and health system compliance and cybersecurity management
solutions. Exclusively endorsed by
the American Hospital Association,
Clearwater has worked with hospitals and health systems, including
over 40 of the top Integrated Delivery Networks in the country, Fortune 100 organizations and federal
government institutions. “Hospital
C-suites and Boards, today, lack the
knowledge and experience to understand the scope and severity of cyber risk challenges,” says CEO Bob
Chaput. “Hospital leaders place a
high premium on quality of care, patient safety and financial stability—
yet those priorities are jeopardized
when their organizations take a fragmented approach to data security.”
Consulting caught up with Chaput
to discuss Clearwater Compliance’s
financial performance and revenue
growth over the last three years.
Consulting: What were the
main factors that contributed
to your firm’s exceptional
growth?
Chaput: Breaches and cyber inci-
dents in the healthcare sector con-
tinue to rise, despite the increases
in spending and staffing. Clearwa-
ter offers a solution to help health-
care leaders leap toward a new,
strategic approach, utilizing an
adaptable framework for establish-
ing and maturing processes to ad-
dress evolving threats to hospitals.
Consulting: How is this year
shaping up for your firm?
Chaput: Clearwater experienced
unprecedented growth with double
digit new client wins, expanded
contracts. New endorsements by
state hospital associations in Georgia and Montana add more than
200 hospitals. New partnerships
include Intel and the National Institute of Standards and Technology and being selected to join the
NIST National Cybersecurity Excellence Partnership.
Consulting: Where do you
see the most opportunities?
Chaput: The healthcare industry will continue to suffer from
damaging cyber attacks that pose
direct patient safety risks. Board
members and Executive Leadership are starting to understand that
cyber risks and patient safety are
directly related. Clearwater offers
comprehensive solutions to look
at the expanded ecosystem of the
healthcare organization.
Consulting: What would you
say are your firm’s biggest
challenges in 2018?
Chaput: Healthcare organiza-
tions tout a mission for quality and
improved patient outcomes, and
therefore ROI must be perceived
as directly causational to achiev-
ing it. Investing in information se-
curity may not seem directly tied
to patient outcomes, and is there-
fore often stepped over for other
investment options with a more
obvious connection.
Consulting: What does
being named one of
Consulting’s Fastest Growing
Firms mean to your firm, your
employees and your clients?
Chaput: Inclusion in Consulting Magazine’s Fastest Growing
Firms is a significant milestone
for all Clearwater colleagues and
speaks to how Clearwater’s cybersecurity solutions are creating
value for hospital leaders. With
the threat landscape becoming
more complex than ever for hospitals, Clearwater is experiencing
unprecedented growth with double digit new client wins.
CLEARWATER
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