Verification of Your Efforts
One of the most significant benefits of using a HIPAA third party risk assessment is that someone can verify that you have taken the necessary steps to prove your “good faith effort” toward compliance. If you have missed something, the third party can help identify what you missed and what you should do to remediate it.
Ongoing Risk Assessment Support
Risk assessments should be ongoing. Using a HIPAA third party risk assessment tool that stores your answers in a centralized location, you don’t have to repeat all your hard work whenever there is a simple change in your business. You simply have to update your answers to only the questions relevant to your change.
When Should a Risk Assessment Be Completed?
HIPAA risk assessments should be completed annually or sooner if there is a change in business operations. For example, suppose you start using a new computer in your business that has access to protected health information (PHI). In that case, you must conduct a device audit to ensure the computer has adequate safeguards.
This is why risk assessments are continually completed throughout the year in many cases, especially for mid to larger businesses. You are constantly adding new employees, which triggers the need to onboard a new device, and thus you must ensure that the device meets HIPAA privacy and security standards.
Compliancy Group’s Healthcare Compliance Platform
Let Compliancy Group be your third party HIPAA risk assessment tool. Our automated software platform allows healthcare organizations to conduct HIPAA security risk assessments, automatically assign remediation plans, and store your documentation. We offer ongoing risk assessment support, issuing annual reminders to reassess your risks.
Upon completing our total HIPAA program, your Compliance Coach verifies that you have taken the steps required by HIPAA and issues you the HIPAA Seal of Compliance (SOC). The SOC serves as a HIPAA validation tool for your website visitors when the visitor clicks on the SOC on your website.