Healthcare companies are only allowed to utilize business associates that consent to abide by HIPAA Laws and put a signature on a business associate contract, however, locating HIPAA complying BAs can be a task.
Look for HIPAA complying BAs is time-consuming, even though identifying dealers willing to obey HIPAA Laws is just part of the procedure. Business associate contracts should then be evaluated, often incurring official charges, and healthcare companies should get guarantees from a new BA that proper precautions have been applied to make sure the integrity, confidentiality, and obtainability of any PHI they deliver.
It’s also demanding for sellers that desire to take benefit of the openings in the healthcare trade. They should be capable to prove they have applied proper precautions and should provide guarantees that their products, as well as facilities, support HIPAA-compliance.
Now a solution has been created that solves the problems for both factions and simplifies the procedure of locating HIPAA complying BAs. Would-be BAs can also utilize the solution to confirm that they have the required protections in place to make sure their goods and facilities can be utilized without breaching HIPAA Laws.
The HIPAA Alliance Marketplace is a settled ecosystem established by the Compliance Group, which works as a source for HIPAA-compliant sellers that can be utilized to link medical experts with reliable sellers.
HIPAA-covered units can sign up and explore the Market for a wide variety of facility providers, comprising EHR providers, practice management companies, printing and mailing sellers, insurers, cloud computing platforms, software and application developers, medical billing and collections companies, and IT and Managed Service Providers (MSPs),.
For a seller to be incorporated in the HIPAA Alliance Market, they are initially subjected to a rigorous selection procedure, in which their solutions and services are evaluated versus HIPAA Laws. If the audit is approved, the seller is delivered with a HIPAA Stamp of Compliance – an assurance that the seller has been completely evaluated and is a reliable vendor.
“The HIPAA Association Market is only a means of its type for the healthcare marketplace these days,” stated Marc Haskelson, President and Chief Executive Officer of Compliance Group on the start of their latest HIPAA Alliance Market. “In this atmosphere of ransomware, data breaches, and cyber-security dangers, healthcare suppliers can trust on the HIPAA Alliance Market to discover HIPAA complying sellers with the privacy and security structure ready to keep their data protected. Sellers can definitely carry out Business Associate Contracts with their customers, and suppliers can be assured in their selection of sellers verified and vetted by the HIPAA Stamp of Compliance.”