Third-Party Risk Management

Third-party vendors are a cybersecurity risk for healthcare organizations. From EHR Intergrations to supply chain management software, any vendor that has access to your organization’s electronic Protected Health Information (ePHI) and/or Personally Identifiable Information (PII) could have a weakness in their security – and allow cybercriminals to infiltrate it via their integration.  

Today, 90% of all data breaches in healthcare are linked to a third-party – which is why it is so important your organization acts to on third-party vendor risk.  

Third-party risk management (TPRM) is the systematic process of identifying and remediating threats from your vendor network. It involves assessing the cybersecurity measures each vendor has in place and collaborating with them to proactively improve their security posture. 

The average healthcare provider has 1,300 vendors in their network – which make manually identifying and remediating cybersecurity risk at scale virtually impossible. Security teams are buried under 100s of different assessments and struggle to prioritize the various risk they uncover. 

Third-party risk management (TPRM) software streamlines, accelerates and automates those processes. It provides a centralized platform to access all assessment data, making it easier to run assessments and analyze the results – as well as providing communication tools to improve collaboration with vendors.   

Intraprise Health delivers a combination of innovative TPRM software and proven TPRM assessment and validation services. Our services are provided by certified healthcare security experts for all sectors of the healthcare industry.  Although we customize our program to meet your requirements, our core TPRM services utilize the following approach: 

• Optimize – Assess current practices and optimize processes, workflow and supply chain alignment
• Engage – Develop a pre-assessment (third-party) profiling document and tiering model, gather intelligence about your third-parties
• Assess – An assessment is performed based on the profiling information gathered, tier-level and business requirements resulting in a dynamic assessment specific to each third-party
• Report – A report of findings is created for each assessment with an assigned risk rating and remediation recommendations for any discovered gaps
• Remediate – Optionally, our consultants can work with your third-parties to ensure remediation tasks are successfully completed
• Repeat – Each third-party is scheduled for a follow-up assessment within a designated timeframe

Our TPRM Services provide a comprehensive, customized and scalable set of services performed by seasoned experts on a fully or partially outsourced basis.

Learn how to automate your third party risk management program with BluePrint Protect™, Intraprise Health’s industry-leading TPRM software.