We provide HIPAA Risk Analysis services required to achieve HIPAA compliance and to safeguard your data against outside threats. Our compliance experts use proven processes, techniques and documentation for all risk assessments, analyses and compliance assessments.
The Department of Health and Human Services (HHS) requires all organizations to conduct a HIPAA Risk Analysis as the first step in implementing the safeguards outlined in the HIPAA Security Rule. Our experts can help.
The Nine Mandatory Components of Risk Analysis
Since 1996, HIPAA has been regulating the privacy and security of electronic protected health information (ePHI) utilized by health plans, healthcare clearinghouses, and healthcare providers. The scope of that regulation was extended with the passing of the HITECH Act in 2009. Now compliance with the final HIPAA Omnibus Rule is mandated for covered entities as well as their third-party vendors (business associates). Failure to comply can lead to civil and criminal penalties.
The HHS Security Standards Guide outlines nine mandatory components of a HIPAA Risk Analysis that healthcare organizations and related organizations that handle ePHI (electronic protected health information) must include in their documentation following a HIPAA Risk Analysis.
Our HIPAA Risk Analysis Service
Many organizations feel that a HIPAA Risk Analysis consists of a series of checklists that you complete once and no further actions are required. On the contrary, a thorough Risk Analysis requires a detailed analysis of your practice, technical know-how, research and comprehensive documentation. You must then prove ongoing compliance by periodically reviewing your policies and procedures, updating them as necessary, properly maintaining and monitoring all electronic equipment that house ePHI as well as perform regular audits to ensure your policies and procedures are effective.
Advanced Medical Billing’s HIPAA Risk Analysis Service involves a multifaceted technical and nontechnical review that results in a detailed security and regulatory compliance report. We review the required elements of the HIPAA Privacy, Security and Breach Rules against your current compliance program. We can then make recommendations to establish or revise your policies and procedures. This thorough review helps to identify threats and vulnerabilities relevant to your organization, exploit gaps in your regulatory and security controls and is underpinned by an on-site assessment and available remote monitoring of your information systems to identify weaknesses and to avoid potential issues.
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