Business Associate Lifecycle Management

Protect your data, manage risk, and empower third party relationships with a scalable, comprehensive vendor security program.

Business Associate Management (BALM) is a critical component of managing risk as part your overall cybersecurity efforts.

While most healthcare organizations have hundreds or thousands of vendors, many find it challenging to develop and implement a scalable, comprehensive vendor security program. Vendors present a real exposure risk to data breach.  Even though ultimate responsibility for securing patient data resides with the covered entity, healthcare organizations serious about protecting patient data will establish safeguards that extend beyond their own walls to include their third party vendors.

The Omnibus Rule made significant changes to HIPAA regulations. It clarified that anyone hired to do work for or on behalf of a covered entity (CE) can fall into the business associate (BA) category if they create, receive, transmit or maintain PHI for a provider. More importantly, it made BAs liable for compliance with the HIPAA Security Rule and certain provisions of the Privacy Rule. As a result, providers need to have an effective vendor management program in place and document greater due diligence

Business Associate Lifecycle Management is a critical component of managing risk as part your overall cybersecurity program. Not all Business Associates represent the same level of risk but all must be managed through a coordinated process.

The Fortified Difference

Investment Value
Business Associate Lifecycle Management (BALM) services add value by leveraging a team of third party risk experts to help manage a process that provides a meaningful return on investment while better managing risk.

Knowledge and Expertise
Our BALM team understands the innate risks that business associates present to covered entities and our process is designed to properly manage this risk. Additionally, we have the pulse of the regulatory environment keeping you a step ahead.

Productivity
Managing business associates is complex and requires multiple stakeholders across the entire health system. This services streamlines the process increasing production and freeing your value resources while better managing third party risk.

DELIVERY METHODS

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Assess

  • Baseline Current Process
  • Identify Current BAs
  • Risk Stratification / Profiling Review
  • Governance Model

Implement

  • Defined Workflow
  • Template Design
  • Timing / Prioritization
  • Revise Governance Model

Manage

  • Document Routing
  • Automated Follow-up
  • Regulatory¬† Requirements
  • Escalation Management

Report

  • Compliance Dashboard
  • Risk Prioritization
  • Identified Gaps
  • Breach Notification
Level 1
  • Business Associate Identification
  • Business Associate Baseline Assessment
  • Risk Profiling / Stratification Process
  • Governance Review
Level 2
  • Business Associate Identification
  • Business Associate Baseline Assessment
  • Risk Profiling / Stratification Process
  • Governance Review
  • Template Build
Level 3
  • Business Associate Identification
  • Business Associate Baseline Assessment
  • Risk Profiling / Stratification Process
  • Governance Review
  • Template Build
  • Automated Follow-up — Reminders & Alerts
  • Reporting & Analytics
  • Regulatory Updates
  • Breach Notification