Compliance Document Manager
Failure to conduct an adequate assessment and assure you can monitor business associates puts your healthcare organization at risk of an electronic protected health information (ePHI) breach – and ultimately a charge of willful neglect. The consequences of such a breach are significant. Accused entities face prosecution by the State Attorney General for HIPAA data breach and possible civil monetary penalties. Further, the Office for Civil Rights (OCR) can fine up to $1.5 million per incident. But, the highest cost is the damage to an organization’s reputation as a trusted, community healthcare provider.
Compliance Document Manager positions you to assess HIPAA-defined business associate (BA) risks across all current and potential vendors. With a thorough identification and review process in place, you can decrease the risk of a willful neglect charge, along with any associated fines.