The HIPAA policies are around to protect citizens, but no one is around to help companies comply to the standards. HIPAAfix is here to eliminate any nuisance that goes along with HIPPA compliance and does it for much less money.
HIPAAfix will show off its stuff at Blueprint Health’s Demo Day and today we sit down with Joseph Stornelli, cofounder, to discuss where the company is and where its going.
Tell us about the product or service.
We help medical practices achieve and maintain HIPAA compliance.
How is it different?
Our service is proactive and technology enabled. We monitor devices containing patient information to prevent breaches before they happen.
What market are you attacking and how big is it?
All U.S. physicians must comply with HIPAA. There are over 300,000 practicing in the U.S.
What is the business model?
We charge doctors a monthly fee based on the number of employees at their practice. The fee includes access to our platform and help with setup and maintenance.
Tell us about the experience participating in BluePrint Health…
Blueprint gave us access to every ingredient necessary to grow our start up. We’re gearing up for their demo day on October 2nd where we pitch to over 500 investors. It’s an incredible opportunity.
What are the milestones that you plan to achieve within six months?
Deeper automation of our policies and acquisition of larger group practices
If you could be put in touch with one investor in the New York community who would it be and why?
I was researching this to answer the question. But it’s silly. Anyone with any experience as an entrepreneur is worth meeting. You never know what conversations will change your perspective.
Why did you launch in New York?
We live in New York. Our connections and clients are in New York. It’s the greatest city on earth.
Where is your favorite place to visit in the area in the fall?
It’s great to watch the leaves fall in Central Park. I love Bethesda Terrace.