Benzinga | Oct 26, 2021 09:19AM EDT

UpHealth Partners With Mazars To Develop Integrated Compliance Program; Terms Not Disclosed

UpHealth, Inc. (NYSE:UPH) and Mazars are partnering to collaboratively develop an integrated compliance roadmap for UpHealth.

Mazars is a global leader in healthcare, providing the healthcare sector with advice, guidance and solutions to drive informed decisions and successful outcomes.

"We are very happy to engage Mazars to further enhance our compliance program. This is a critical area for UpHealth, and we now have a world-class team to ensure that UpHealth continues to lead in compliance," said Ranjani Ramakrishna, E.V.P. Legal, UpHealth, Inc.

Mazars will support UpHealth's continued efforts to lead compliance in the following key areas: operations, governance, security and privacy. The Mazars team's efforts will meet UpHealth's immediate and existing compliance, privacy and security needs while creating a foundational corporate-level governance structure for UpHealth to meet its longer-term strategic objectives. This integrated service offering is specifically designed to allow UpHealth's leadership to have unrestricted access to Mazars' subject-matter experts to manage and mature UpHealth's compliance, privacy and security programs.

The integrated compliance roadmap will focus on:

* Maintaining compliance standards to applicable regulatory authorities in terms of operations, governance, security and privacy.

* Advancing security programs to meet immediate and long-term operational and compliance needs.

* Educating regarding compliance, privacy and security issues.

* Identifiying, communicating and correcting operational/compliance vulnerabilities.

* Meeting professional standards applicable to the organization and its core values.

* Maximizing shareholder value by preparing the organization to develop strategic partnerships and meet partnership procurement expectations.

The Mazars team is led by Laura Peth, principal, Healthcare Consulting Practice, who has a proven track record of delivering compliance and operational leadership, support and process improvement to a variety of healthcare organizations. Laura is Certified in Healthcare Compliance (CHC), Certified in Healthcare Privacy Compliance (CHPC), a Certified Fraud Examiner (CFE), and holds a Masters in Public Affairs (MPA) from Indiana University. The Mazars team will function as the interim chief compliance officer (CCO), chief privacy officer (CPO) and chief information security officer (CISO) of UpHealth. Mazars will also engage clinical, medical management, pharmacy, regulatory and compliance experts to provide additional support to the core team as needed.

"The Mazars Healthcare Consulting Practice consists of specialists and multidisciplinary advisers with decades of healthcare operational leadership experience. We understand all aspects of the healthcare sector and the unique challenges our clients face. By taking an integrated and collaborative approach, we will work with UpHealth as one team, pulling together necessary experts from across the Mazars network to ensure UpHealth has the right advice and guidance to most effectively meet its objectives," said Laura Peth, principal, Healthcare Consulting Practice, Mazars.