CANTON, Ga.--(BUSINESS WIRE)--Nov 11, 2024--
Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) a leading provider of compassionate medical and commercial debt recovery services, is proud to announce that it has successfully achieved SOC 2 Type I compliance. This certification affirms Capital Recovery’s dedication to maintaining the highest standards of data security, availability, and privacy for its customers and partners.
Developed by the American Institute of Certified Public Accountants (AICPA), SOC 2 compliance is an industry-recognized standard for managing customer data based on five trust service principles: security, availability, processing integrity, confidentiality, and privacy. Capital Recovery has undergone a rigorous audit to confirm that its systems and processes meet these stringent requirements.
"Achieving SOC 2 Type I compliance reflects our ongoing commitment to safeguarding the sensitive data entrusted to us," said Brandy Jones, Vice President Operations of Capital Recovery. "In today’s environment, security is more critical than ever, and this milestone is a testament to the strong protocols we’ve implemented to ensure the protection and privacy of our customers’ information."
SOC 2 Type I compliance affirms that Capital Recovery’s internal controls are designed properly and operating effectively. The certification is especially critical for organizations handling confidential client information, making it a key achievement for Capital Recovery as it continues to scale and serve its growing customer base. As an organization that handles sensitive data, attaining SOC 2 compliance confirms that CR Corp has appropriate safeguards in place to protect the privacy, confidentiality, and integrity of client information.
About Capital Recovery Corporation:
Redefining debt recovery since 1985
At Capital Recovery Corporation (“Capital Recovery”, “CR Corp”) we prioritize the human aspect of debt recovery. Our team consists of specialized medical and commercial debt collectors who are not only experts in their field but also deeply empathetic to the challenges faced by debtors. We believe that every individual, if approached with empathy and respect, has the capacity to fulfill their financial obligations. Unlike traditional collections agencies, we do not alienate debtors; instead, we strive to build bridges and facilitate resolutions that benefit both parties.
Whether it's healthcare AR management, commercial AR management, or insurance overpayment recovery, we excel in delivering results without compromising integrity. With our "no collection; no fee" policy and absence of term contracts, we offer a risk-free solution tailored to your specific needs. Our adherence to the Fair Debt Collection Practices Act (FDCPA) ensures compliance with legal standards while upholding ethical practices.
Experience the difference with Capital Recovery Corporation – where compassion meets results.
View source version on businesswire.com:https://www.businesswire.com/news/home/20241111970661/en/
CONTACT: Brandy Jones
Vice President Operations
800-456-8448
https://www.capitalrecovery.net
KEYWORD: GEORGIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH OTHER PROFESSIONAL SERVICES OTHER HEALTH FINANCE GENERAL HEALTH
SOURCE: Capital Recovery Corporation
Copyright Business Wire 2024.
PUB: 11/11/2024 07:30 AM/DISC: 11/11/2024 07:29 AM
http://www.businesswire.com/news/home/20241111970661/en
