What is a Meaningful Use Security Risk Analysis and why do you have to preform one? In short: it’s required! ID Experts has a great little write up about Meaningful Use Security Risk Analysis, what it is and why you have to do it. In simple terms it is a core requirement in the incentive program and not doing one, or an improper one, opens you up to fines, lawsuits, and loss of incentive funding.
“Risk Analysis is further defined in the HIPAA Security Rule (164.308(a)(1)(ii)(A)). Here the rule states that covered entities and business associates are required to conduct an accurate and thorough assessment of the potential risks and vulnerabilities to the confidentiality, integrity, and availability of their electronic PHI.
Organizations and professionals that fail to conduct a proper risk analysis prior to the Meaningful Use attestation period expose themselves to fines, lawsuits, and loss of incentive funding.
ID Experts offers a professional, accurate, and thorough Risk Analysis service that incorporates the elements of HHS/OCR’s guidance. This prospective exercise helps identify and mitigate risks to your PHI inventory, and includes:
- Asset Inventory
- Threats and Vulnerability Determination
- Security Controls Identification
- Risk Determination
- Remediation Recommendations
To read more about Meaningful Use, Security Risk Analysis and what they are: Meaning Use: Security Risk Analysis