Healthcare organizations, from providers to payers, must be prepared to comply with regulatory compliance change that now extends to third-party partners, and be on the watch for vendor risks and the potential for fraud under new HIPAA requirements.
Before the onset of the COVID-19 pandemic, forces at the federal level were in motion to transform the healthcare industry from a closed to a more open system. A nationwide public health emergency simply served as a catalyst driving digital transformation at a rapid clip. But rapid change also introduces the potential for risk.
For healthcare organizations to avoid financial penalties, they require new resources to manage internal and external risks. Providers and payers must go above and beyond in terms of monitoring the work of their business partners to root out fraudulency and the downstream financial implications for their organizations.
Read our ebook to learn:
- How to leverage technology to identify potential weak points and remain compliant
- How to address the expanded risk of fraud due to telehealth
- Understanding healthcare industry compliance with HIPAA in 2021/2022