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You are here: Home / Compliance / HIPAA Risk Management

HIPAA Risk Management

Our HIPAA Risk Management services consist of detailed processes used to: identify and access risk, develop strategies for risk mediation, and to maintain an acceptable level of risk for your organization. Through proactive monitoring and periodic audits, we can correct known risks and greatly decrease the potential for risks that have yet to be identified.

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HIPAA Risk Management

What is HIPAA Risk Management?

HIPAA Risk Management is an ongoing process to determine the value of assets and the corresponding exposure to threats and vulnerabilities. Information produced during the Risk Assessment will be utilized to determine and manage countermeasures critical for assurance of ePHI resources.

The two principle components of the HIPAA Risk Management process are:

  1. Risk Assessment

  2. Risk Mitigation

Both must be carried out on a consistent basis to ensure the adequacy and continued improvement of information security programs.

Subsequent HIPAA Risk Assessments should be conducted when changes in business strategies, staff, information technology, information sensitivity, threats, legal liabilities or other significant factors that affect information systems occur. Environments vary greatly and many factors need to be taken into consideration. One size does not fit all. Businesses should do what’s commonly defined as “reasonable and appropriate” for their particular situation and/or location.

It is imperative to maintain detailed documentation of all HIPAA Risk Assessments, HIPAA Risk Management, Risk Mitigation and audits to prove due diligence and to convey a “culture of compliance”. It is required to maintain this documentation for a minimum of six years.

Our Services

Our team consists of HIPAA knowledgeable professionals with healthcare and Information Technology backgrounds. Our trained professionals identify and mitigate risks that may impact an organization’s compliance. We’re experts at establishing processes for monitoring and addressing risks to PHI as well as providing ongoing services to ensure your organization’s overall compliance.

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