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5 Steps for Effective Vendor Compliance Management

Compliancy Group

Healthcare vendor compliance is one of the most important things to consider when choosing vendors for your healthcare organization; adopting a vendor compliance management strategy is essential for assessing whether or not a vendor is suitable to work with. Learn More × Rated #1 on G2 for Healthcare Compliance Find Out More!

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The Importance of Third-Party Compliance: Mitigating Risks and Ensuring Accountability

Compliancy Group

This is where third-party compliance comes into play – a crucial aspect of any organization’s risk management strategy. These entities may include: Contractors Distributors Agents Consultants These and other service providers who have access to protected health information (PHI) , or operate on behalf of the organization, must be compliant.

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New Safe Harbor and General Compliance Program Guidance Provides Opportunity for Buyers to Mitigate Litigation and Fraud Risk

Health Law RX

By maintaining a robust compliance program, healthcare companies are better able to identify potential red flags early and to prevent violations of fraud and abuse laws. The DOJ Announcement stresses the importance of investing in strong compliance programs for both the buyers and sellers in business transactions.

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Top Security Certifications Required for Data Protection

HIT Consultant

A lack of regulatory compliance, network and technical vulnerabilities, unencrypted information, unsecured mobile devices, and weak credentials all play a part in putting a healthcare organization at risk for a data breach. Today, the cost of a data breach comes with a hefty price tag – an average of $9.44 million in the U.S.

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What You Need for Your SOC 2 Readiness Assessment

Compliancy Group

Your first step to SOC 2 compliance is completing a SOC 2 readiness assessment. Information Security Policies Review and update your information security policies to ensure they align with SOC 2 requirements. It also ensures that you uphold any data privacy requirements mandated as part of regulatory compliance.

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What Is Provider Credentialing?

MedTrainer

It involves collecting and reviewing information such as education, training, licensure, certifications, work history, malpractice history, and references — all in pursuit of verifying that providers are who they say they are and qualified to deliver legitimate, safe, and ethical care. Why Is Provider Credentialing Important?

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Pharma IT and AI – 2024 Health IT Predictions

Healthcare IT Today

It is key for pharmaceutical companies to recognize that efficiency does not override compliance, patient safety or regulatory standards. Drug developers can use these tools to inform routine information-discovery tasks that would require much more time for humans to execute, including benefits-risk evaluation and safety assessments.