Introduction: Risk is an occurrence that could have negative repercussion on organizations objectives. The principle of risk management plan is to build a structure with which the team can identify risks and develop a method to avoid or mitigate the risk. Risk management plan helps us to describe how to document and monitor the risks associated to the organization. The purpose of risk management plan is to defend Health Network’s customers, employees and operations from any unintended damage. It’s also designed to secure organizations payment and billing system and secure organizations information. As most of the company’s operations are web based, considering all the factors this risk management plan will provide a detailed framework in …show more content…
As Health Network deals with customers health information and medical records they must meet the HIPAA standards to protect Integrity and Confidentiality of the customer. HIPAA compliance would suggest the right technology that should be used and proper procedures to secure the customers information. Employees must be trained to work in compliance with the standards and meet organizational goals. Health care compliance is a continuous process of reaching or surpassing professional standards pertinent for our organization. The HHS Office of Civil Rights (OCR) is responsible for enforcing whether an organization is following the standards or …show more content…
o Lead and supervise the organizations plans. o Determine the prominent risks faced by the company and to make sure the risks are handled and monitored. o Act as an intermediary between the board and management.
• Chief Operating Officer (COO): o Responsible for handling the tasks expected by CEO. o Responsible for monitoring daily operations of the organization. o Make sure all the necessary goals are met and monitors the organizations operations. o Accountable for effectiveness of the organization. Works with all the departments in developing strategies and procedures.
• Chief Financial Officer (CFO): o In charge of all accounting and financial operations. o Develop procedures and policies for constant stable financial structure of the organization. o Responsible for budgeting and expense control in organization and is responsible for deciding on budget that should be allocated for a department and monitoring the expense.
• Data Owners and Custodians: o Ensures the organizations compliance with regulatory standards related to information asset. o Data owner is responsible for controlling information asset database. o Data Custodians are responsible to assign and remove access to users, when guided by a Data
Executive Summary This Plan can serve as a model to develop risk management program to meet the needs of Health Network, Inc (HNI). It is recommended that the Plan be approved by the senior management and disseminated to staff. The following risk management plan is designed to support the vision and mission of HNI and also adheres to the compliance guidelines of the various compliance laws and meets the standards proposed by those laws. Introduction Health Network, Inc. (HNI), is a health services organization headquartered in Minneapolis, Minnesota.
Schmeida, M. (2005). HIPAA of 1996: Just an Incremental Step in Reshaping Government. Retrieved January 25, 2011, from American Nursing Association Web Site: http://www.nursingworld.org
Introduction The Health Insurance Portability and Accountability Act of 1996, or HIPAA, is a law designed “to improve portability and continuity of health insurance coverage in the group and individual markets, to combat waste, fraud, and abuse in health insurance and health care delivery, to promote the use of medical savings accounts, to improve access to long-term care services and coverage, to simplify the administration of health insurance, and for other purposes. ”1 HIPAA mandates that covered entities must employ technological means to ensure the privacy of sensitive information. This white paper intends to study the requirements put forth by HIPAA by examining what is technically necessary for them to be implemented, the technological feasibility of this, and what commercial, off-the-shelf systems are currently available to implement these requirements. HIPAA Overview On July 21, 1996, Bill Clinton signed HIPAA into law.
the fraction. It is obvious that the covered entity violated the HIPAA Privacy and Security Rule most especially in the HIPAA Security Rule.
. HIPAA privacy rules are complicated and extensive, and set forth guidelines to be followed by health care providers and other covered entities such as insurance carriers and by consumers. HIPAA is very specific in its requirements regarding the release of information, but is not as specific when it comes to the manner in which training and policies are developed and delivered within the health care industry. This paper will discuss how HIPAA affects a patient's access to their medical records, how and under what circumstances personal health information can be released to other entities for purposes not related to health care, the requirements regarding written privacy policies for covered entities, the training requirements for medical office employees and the consequences for not following the policy.
Identity theft has always been in the back of my mind whenever I use my debit card but I wasn’t too concerned about my health information until I learned about HIPAA. It is a very important set of rules and standards that protects our privacy.
If you are in the healthcare industry, you have probably heard some rumblings about the Health Insurance Portability and Accountability Act of 1996, coolly referred to as HIPAA. The word is your medical practice will have to be HIPAA compliant by April 2003, but you're not exactly sure what this act mandates or how to accomplish it. In very basic terms, HIPAA has two primary components to which hospitals, health plans, healthcare "clearinghouses," and healthcare providers must conform: 1) Administrative simplification, which calls for use of the same computer language industry-wide; 2) Privacy protection, which requires healthcare providers to take reasonable measures to protect patients' written, oral, and electronic information. Congress passed HIPAA in an effort "to protect the privacy and security of individually identifiable health information. "1 Additionally, lawmakers "sought to reduce the administrative costs and burden associated with healthcare by standardizing data and facilitating transmission of many administrative and financial transactions." 1 HIPAA consultants say the new regulations should save the healthcare industry money in the long run, provide improved security of patient information, and allow patients to have better access to their own healthcare information.
US Congress created the HIPAA bill in 1996 because of public concern about how their private information was being used. It is the Health Insurance Portability and Accountability Act, which Congress created to protect confidentiality, privacy and security of patient information. It was also for health care documents to be passed electronically. HIPAA is a privacy rule, which gives patients control over their health information. Patients have to give permission any health care provider can disclose any information placed in the individual’s medical records. It helps limit protected health information (PHI) to minimize the chance of inappropriate disclosure. It establishes national-level standards that healthcare providers must comply with and strictly investigates compliance related issues while holding violators to civil or criminal penalties if they violate the privacy of a person’s PHI. HIPAA also has boundaries for using and disclosing health records by covered entities; a healthcare provider, health plan, and health care clearinghouse. It also supports the cause of disclosing PHI without a person’s consent for individual healthcare needs, public benefit and national interests. The portability part of HIPAA guarantees patient’s health insurance to employees after losing a job, making sure health insurance providers can’t discriminate against people because of health status or pre-existing condition, and keeps their files safe while being sent electronically. The Privacy Rule protects individual’s health information and requires medical providers to get consent for the release of any medical information and explain how private health records are protected. It also allows patients to receive their medical records from any...
HIPPA and the Privacy of Medical Records. Previously, healthcare information was protected by state law. However, since this information crosses state lines, the need for federal protection has been warranted. In 1996, Congress passed the Health Insurance Portability and Accountability Act (HIPAA).
The Health Insurance Portability and Accountability Act passed and were signed into law on August 21, 1996. It affects the medical facility and its day to day operations; in many different ways. HIPAA sets higher standard of operation for healthcare workers and the facilities. "HIPAA was instituted to "improve the portability and continuity of health insurance coverage; to combat waste, fraud, and abuse in health insurance and healthcare delivery; to promote the use of medical savings accounts, to improve access to long term care services and coverage; to simplify the administration of health insurance; and to serve other purposes" (Kinn’s, 2011).
There are different things that have to be kept secret, and no one can say a word about it to anyone. Different Aacts were put into place to protect those rights of a patient or anyone who does not want information to get out. HIPAA is an act that deals with health insurance and accountability. There are consequences of what goes on or if the patient told someone, and once past a certain age no one can be with the child. Privacy is the most important thing that a person has that can not be taken, and confidentiality is something a person has knowing that information is safe.
Identify the potential risks which affect the company and manage these risks within its risk appetite;
Approval of access requests 5. Ensuring that information is updated The information asset custodian is responsible for safeguarding the information, including implementing access control systems to prevent inappropriate disclosure, and making back-ups so that critical information will not be lost. Information asset custodians are individuals in physical or logical possession of information. Custodians are also required to implement, operate, and maintain the security measures defined by information asset owners.
The purpose of risk management is to protect an organization’s valuable assets information, hardware, and software. The purpose of risk management process is to identify and manage risks in such a way that a company is able to meet its strategic and financial targets. Risk management is a continuous process, by which the major risks are identified, listed and assessed, the key persons in charge of risk management are appointed and risks are prioritized according to an assessment scale in order to compare the effects and mutual significance of risks. It is very important that the organizations and business to be very well prepared to see what kind of risk we are facing, or the business can suffer in case of a major disaster.
Risk Management allows us to identify the problems which are unknown during the start of the project but may occurs later. Implementing an efficient risk management plan will ensure the better outcome of the project in terms of cost and time.