BVEW,
READY4HIPAA.COM Launches, Offering Hospitals and Health Care Organizations Up-to-Date HIPAA News and
Analysis BindView is First Sponsor of Online Portal that Provides Resources, Federal Regulation Information and
Compliance Tools for National Patient Privacy Standards
HOUSTON, Jul 3, 2001 (BUSINESS WIRE) -- BindView Corporation (NASDAQ: BVEW chart, msgs), a leading provider of IT
administration and security management solutions, announced today the launch of www.ready4hipaa.com. BindView is the first
sponsor of the online portal, which provides news and information to health care management and IT professionals about the Health
Insurance Portability and Accountability Act (HIPAA). The Web site was designed to help Information Technology Professionals in
the health care field understand the intricacies of HIPAA statutes and the laws' effects on IT administration and security.
Additionally, www.ready4hipaa.com provides IT administrators with detailed information for performing the specific tasks, system
maintenance and security overhauls that will help them to meet the stringent security and patient privacy standards by the 2003
deadline.
The Web site offers users a highly-detailed HIPAA compliance process timeline, as well as general explanations of federal
regulations, security and privacy statutes, electronic transaction information, HIPAA codes and identifiers. Additionally, the site
explains the four basic stages of HIPAA compliance: Preparation, Strategy, Implementation and Maintenance and how hospitals and
health care organizations can best prepare and execute each stage. Also featured on www.ready4hipaa.com is a solutions directory
offering information about consultants and vendors providing solutions that address the challenges of authentication, biometrics,
server configuration, policy enforcement, vulnerability assessment and other HIPAA requirements.
"The www.ready4hipaa.com Web site offers hospitals and health care organizations up-to-date information, news and analysis that
will help them prepare to meet the challenges of HIPAA compliance. We are happy to be the first sponsor of the Web site and to
help educate IT administrators and health care professionals about HIPAA," said Kevin Weiss, chief marketing officer, BindView
Corporation. "This sponsorship is the latest step in BindView's HIPAA Initiative, which is designed to not only help our healthcare
customers better understand the IT and security challenges presented by the HIPAA standards, but to give them the tools
necessary to move toward HIPAA compliance."
Health experts such as the Blue Cross and Blue Shield Association estimate that U.S. hospitals will spend as much as $43 billion
over the next five years to become HIPAA compliant. However, the federal government argues that both patients and hospitals will
benefit substantially from the regulations, with the U.S. Department of Health and Human Services estimating that hospitals and
health care organizations will realize a $30 billion savings over the next 10 years due to the increased efficiency associated with
HIPAA compliance.
As part of its ongoing focus on HIPAA, BindView has hosted forums and roundtable discussions attended by HIPAA experts and
some of the nation's largest hospitals. Additionally, BindView has introduced the BindView HIPAA Tool Kit featuring products from
its bv-Admin and bv-Control solution suites. The Tool Kit includes tailored reports, customized queries and roles-based access
programs designed specifically to help ensure that hospitals and health care organizations meet set HIPAA standards. In addition to
the custom product suites, BindView has arranged for Tool Kit customers to receive specialized Security and Privacy Assessments
performed by HIPAA experts at Beacon Partners, Inc., an independent national health care management consulting firm.
About BindView Corporation
BindView, the leader in the vulnerability assessment market, provides software solutions which enhance business performance by
helping to ensure the integrity of the IT infrastructure. BindView's comprehensive software offerings secure and simplify the
management and administration of network operating systems, directories and related applications. By enabling corporate IT
professionals to effectively leverage their existing technologies, BindView's award-winning products play a critical role in achieving
business goals. More than 10 million licenses of BindView's solutions have been shipped worldwide to approximately 5,000
companies, including more than 75 of the Fortune 100 and 24 of the largest 25 U.S. banks. Contact BindView via e-mail at
info@bindview.com or visit BindView's World Wide Web site at http//www.bindview.com. BindView can also be reached at (800)
749-8439 or at (713) 561-4000.
Editors Note: BindView(R) and the BindView logo used in this document are trademarks of BindView Development Corporation,
which may be registered in one or more jurisdictions. The names of products of other companies mentioned in this document, if any,
may be the registered or unregistered trademarks of the owners of the products.
Contact:
BindView Corporation
Paula Berman
(713) 561-4333
pberman@bindview.com
or
FitzGerald Communications
Keri P. Mattox
(617) 488-9500
kmattox@fitzgerald.com
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