Some of the nation’s top healthcare-focused venture capital firms are banding together to form an advisory council with the technology security certification provider, Hitrust, to create best practices for data security for startups developing digital health technologies. The conversations, spearheaded by the Nashville-based, healthcare-focused investment fund, Frist-Cressey, were designed to accelerate the adoption of digital technologies throughout the healthcare industry by creating best-practices around data security that large healthcare organizations demand before adopting a new service. “Our service or our software want to be taken nationwide and everybody gets excited and thats’ when you get in front of the Chief security officer’s office and they ask if you’re HiTrust certified,” says Frist-Cressey partner Chris Booker.  “It makes [startups] more marketable or more viable,” says Daniel Nutkis, the chief executive of Hitrust.

 

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