Data breaches are on the minds of every C-Suite executive in Healthcare. Third-Parties (i.e., vendors and business partners) with access to an organization’s Protected Health Information (PHI) and/or Personally Identifiable Information (PII) represent a significant risk due to the potential for data breaches. Until recently, Third-Party Risk Management (TPRM) has been primarily treated as a compliance and contract approval “checkpoint”. Due to the significant growth in healthcare data breaches and the awareness of the risk posed by third-party security weaknesses, healthcare organizations have started implementing stronger TPRM programs that try to focus on uncovering true security weaknesses in the hopes of addressing this large-scale problem. However, most organizations struggle to assess their third-parties and vendors effectively, mostly through a patch-work of static forms, lengthy security questionnaires and haphazard email-based communication. Requests come from almost anywhere in the supply chain without consistent information and solid process.

Intraprise Health delivers industry-leading TPRM services provided by certified, expert and proven healthcare security experts. Organizations seeking a security-focused solution and the ability to scale-up to meet their needs can rely on Intraprise Health. Although we customize our program to meet your requirements, our core TPRM services utilize the following approach:

  • Evaluate the current Third Party Risk Management security environment throughout the Supply Chain
  • Optimize current-state processes and workflows
  • Establish communication and reporting protocols
Intraprise Health’s TPRM solution (adapted to customer environment)

  • Assign each vendor to a risk-based tier (i.e., risk category) based on the vendor’s profile and contracted solution/services
  • Perform standards-based Third-Party risk assessments via Intraprise Health Assessments (HIPAA, MU, NIST, HITRUST, PCI, etc)
  • Coalesce documentation
  • Perform thorough Security Assessment and Audit Evidence
  • Identify and record risks and remediation actions
  • Establish a Corrective Action Plan (CAP) with the Third-Party
  • Track remediation progress of the CAP and re-evaluation milestones
  • Provide status updates, metrics and analysis

Our Third-Party Risk Management Services provide a comprehensive and scalable set of services performed by seasoned experts on a fully or partially outsourced basis. Contact us to learn more about Intraprise Health’s industry-leading TPRM services and better manage your third party risk.

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