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How to do a Risk Analysis
Global CompliancePanel
Global CompliancePanel

Global CompliancePanel
Global CompliancePanel
Training Options
 Duration: 90 Minutes  
Recorded Access recorded version only for one participant; unlimited viewing for 6 months ( Access information will be emailed 24 hours after the completion of live webinar)
Price: $225.00
Instructor Jonathan P. Tomes
Product Id 800243

Overview: If you cannot remember the last time your organization performed a HIPAA & HITECH Act Risk Analysis, or if you are unsure if your organization has ever performed a Risk Analysis, then this is the webinar for you. Jonathan P. Tomes will cover how to conduct a risk analysis and how to update it as necessary. Failure to conduct a written risk analysis qualifies as "willful neglect," which carries the highest civil money penalty ("CMP") and which penalty cannot be waived by DHHS as can violations due to a reasonable cause.

Because a risk analysis is a required implementation specification under the Security Rule, failure to do one is willful neglect. And the civil money penalties are not the only sanctions for not doing a risk analysis. The remediation costs for a breach that might have been prevented had a risk analysis been done can be much more than the CMP. Blue Cross Blue Shield of Tennessee not only had to pay the $1.5 million settlement, but also it incurred $17 million in remediation costs-costs that might have been avoided had it done an updated risk analysis.

Why should you attend: The majority of the DHHS civil money penalties and settlements in lieu thereof involve, sometimes with other violations, failure to perform a written risk analysis. These penalties usually are in the seven figure range. Blue Cross Blue Shield of Tennessee, for example, settled for $1.5 million for failing to update its risk analysis when its physical security situation changed. Other seven-figure settlements involved failure to do the required initial risk analysis.

Areas Covered in the Session:

  • What is risk analysis?
  • Why do you need to do one?
  • How to do one
    • Assemble a good team
    • Identify assets
    • Identify risks
    • Quantify risks
    • Select reasonable, appropriate, and cost effective security measures
    • Test and revise security measures
  • Particular areas to focus on (portable devices, social media, email, and the like)
  • Case study (will walk webinar attendees through the process)
  • Questions and answers

Who Will Benefit:
  • HIPAA compliance Officers
  • HIPAA Security Officers
  • HIPAA Privacy Officers
  • Human Resources Directors
  • Business Office Managers
  • Medical Records Personnel
  • Health Care Attorneys
  • Patient Accounts Managers
  • Business Associates



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