HIPAA COMPLIANCE AND RISK MANAGEMENT
WHAT IS HIPAA?
The Health Insurance Portability and Accountability Act (HIPAA) is a standard that was established by the US Government to better protect sensitive healthcare data. The act contains a "Privacy Rule" and a "Security Rule" and sets a standard for how organizations working with Protected Health Information (PHI) must ensure the confidentiality, integrity, and availability of this data. Covered Healthcare Providers, Business Associates, Healthcare Clearinghouses, and organizations that provide health plans all must demonstrate their compliance with HIPAA.
CURRENT STATE OF HIPAA COMPLIANCE IN HEALTHCARE
Due to the value of health data and the lack of strong security safeguards throughout healthcare, hackers are continuing to target healthcare providers and data breaches have become a greater concern than ever. In the event of a breach, an investigation is performed by the Office of Civil Rights and indications of non-compliance often lead to hefty fines for for Healthcare Practices. This public acknowledgement of a practices weak stance regarding privacy and security can also cause major reputation damage.
HIPAA audits are also continuing to increase and can lead to major financial and reputation damage as well.
Far too often, these audits and investigations recognize that an organization is:
- Lacking a well developed risk management plan
- Failing to conduct a thorough risk analysis of all ePHI
- Lacking up-to-date, well developed HIPAA policies and procedures
- Lacking a well developed Privacy and Security Awareness and Training Program
HOW CAN WE HELP?
ECS provides expert guidance and effective software technology to address the entirety of HIPAA compliance and risk management.
Our solution consistently addresses the seven elements of an effective compliance program (personnel, training and education, policies and procedures, etc.) and includes our controls assessment spanning the entirety of HIPAA privacy and security. Our risk assessment process includes an accurate and thorough assessment of the potential risks and vulnerabilities to the confidentiality, integrity, and availability of PHI.
Our process is ultimately concluded by generating detailed reports that can be updated on an ongoing basis. You also maintain access to the system to update your assessment and document your mitigation efforts further demonstrating the strength of your organization's HIPAA compliance program.
Check out screenshots of Emerald's HIPAA Compliance and Risk Management System below!