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.
You hear it over and over again. Covered Entity (CE) A failed to produce an ongoing risk assessment for HIPAA security compliance. CE B had an incomplete risk analysis, leading to a failure to recognize security weaknesses and vulnerabilities. And in come the fines.