When you think about a data breach, you probably think about things like maximum fines and penalties of $1.5 million, willful neglect, corrective action plans, and so forth, right? Well, think again.
Q: The hospital where I work entered into a business associate agreement (BAA) that requires the business associate (BA) to notify us of a potential breach no more than 60 days after it is discovered.
There's a new threat on the healthcare horizon. Medical identity theft is running rampant and hackers are targeting merchants' credit card systems. It's only a matter of time before the two worlds collide.
Managing compliance can be a daunting task and any tool that simplifies the process is a welcome addition to the market. Ostendio's offering, MyVirtualComplianceManager™ or MyVCM™ is a cloud-based compliance management platform that is easy to use and designed for small- to medium-sized covered entities (CE) and business associates (BA). MyVCM supports assessment of risk, creation and management of policies and procedures, and compliance monitoring.
