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Tips for Managing Third-Party Risk in Health Care

Reciprocity

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

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Is Cost Holding You Back?

Online Computers

After all, how often have you been to a doctor’s office and have seen a scale that looked like it was manufactured during the Nixon administration? In all honesty, this shouldn't come as a big surprise as CEOs often have an "If it ain’t broke, don’t fix it” mentality. Lastly, modern IT just makes everything move faster.

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Important KPIs for Successful Vendor Management

Reciprocity

Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. This will give you insight into the vendor’s risk management solutions and its ability to provide the data you need to monitor vendor performance. What Are the Most Common Vendor Risks? Cybersecurity.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Regardless of the industry (non-profit organizations, professional services companies, manufacturing, public sector, etc.), Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs. manufacturing facilities). These are just a few examples.