Are you HIPAA compliant?
The administrative safeguards of the HIPAA Security Rule require all HIPAA-covered entities to “conduct an accurate and thorough risk assessment of the potential vulnerabilities to the confidentiality, integrity, and availability of electronic protected health information.”
The risk assessment and analysis is a foundational element of HIPAA compliance and is the first step to implementing safeguards that comply with the standards and implementation specifications of the HIPAA Security Rule.
Consequences for healthcare stakeholders who do not conduct a proper risk assessment
During investigations of healthcare data breaches, the Department of Health and Human Services’ Office for Civil Rights (OCR) looks for HIPAA compliance failures that contributed to the cause of the breach. One of the most common violations discovered is a failure to conduct a comprehensive, organization-wide risk analysis. A high percentage of OCR resolution agreements cite a risk analysis failure as one of the primary reasons for a financial penalty.
If a risk analysis is not conducted or is only partially completed, risks are likely to remain; risks will not be addressed through an organization’s risk management process and therefore will not be mitigated to an appropriate level to comply with the HIPAA standards.
RiskShield provides a comprehensive healthcare enterprise risk management solution
The HIPAA Security Rule states that a risk analysis is a required element of HIPAA compliance, but does not explain what the risk analysis should entail nor the method that should be used to conduct a risk assessment or analysis.
RiskShield addresses this need by providing a highly customizable toolkit with out-of-the-box content that allows healthcare organizations to perform risk assessments based on NIST 800-30 recommended methodology.
RiskShield is designed to continually evaluate and maintain an auditable history of the risk posture of a healthcare organization. RiskShield also documents risk mitigation efforts of the healthcare organization.
RiskShield provides healthcare stakeholders with the ability to:
- Identify and stratify risk across the organization
- Prioritize risk mitigation by providing risk calculation and guidance
- Track risk response and remediation activities to completion
- Simulate several what-if scenarios and study their effect on overall risk
- Integrate with data from other modules of SureShield’s IT Risk & Healthcare Compliance Software (SecurityShield, HackShield, BreachShield and ComplyShield) to continually monitor the risk status and generate appropriate alerts
- Access extensive reporting and audit trails