Risk Assessment in a HITECH World - Healthcare Privacy and Security
Tags: Data Breach, Healthcare, Fraud Management
Learn the why and how of conducting a risk assessment for compliance with HITECH. Find out what approaches you should take and who should be involved to minimize vulnerability in healthcare privacy and security issues.
Risk is a function of the likelihood of a given threat-source's exercising a particular potential vulnerability, and the resulting impact of that adverse event on the organization. This is a concept that has long been wrestled with at many levels of business and government. Unfortunately, it is a hard concept to grasp until it grasps you. It's all too human to dismiss risk as an amorphous and intangible possibility, rather than a very real probability if ignored. This is the crossroad that we find ourselves at with HITECH and healthcare privacy and security today. It has been 14 years since the enactment of The Health Information Portability and Accountability Act(HIPAA)the Privacy and Security provisions have now been in effect for 7 and 5 years, respectively; however, it is only recently that we are beginning to understand the impact and intent of what has become a wave of regulatory focus on the protection of privacy and security, especially as it pertains to an individual?s health information.