Health Information and Financial Institutions: What Are the Requirements for Privacy and Security?

Event Information
Product Format
Prerecorded Event
Presenter(s)
Length
60 Minutes
Product Description

Let’s Examine The HIPAA Regulations And The HITECH Act Modifications And How They Impact Financial Institutions!

The passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act and resulting modifications to the Health Insurance Portability and Accountability Act (HIPAA) now put financial institutions under the HIPAA regulations depending on the services they provide to covered entities. If financial institutions perform functions on behalf of covered entities, such as for instance providing lockbox services, that require the handling of Protected Health Information (PHI), they may be subject to the HIPAA Privacy, Security, and Breach Notification Rules, and consequently must put in place all the proper policies and procedures to meet HIPAA requirements. Such financial institutions will have significant obligations under the regulations, and significant financial and reputational liabilities in the event of a breach of privacy or security, particularly given the current vigorous enforcement and audit work now being done by the US Department of Health and Human Services Office for Civil Rights.

Join this 60-minute session presented by expert speaker Jim Sheldon-Dean who will examine the HIPAA regulations and the HITECH Act modifications and how they impact financial institutions, and will refer to guidance published in August, 2012 by a collaboration of industry organizations: the Electronic Healthcare Network Accreditation Commission (EHNAC), the Healthcare Information and Management Systems Society (HIMSS) Medical Banking Project, The Electronic Payments Association (NACHA), and the Workgroup for Electronic Data Interchange (WEDI).  

Session Highlights:

  • How to determine if you are a covered entity, a business associate, a hybrid entity, or not covered under HIPAA?
  • How your organization should be structured in order to most effectively achieve compliance and the responsibilities of the major players?
  • Risk Analysis and Risk Audit procedures will be explained, and the process for planning and executing risk assessment and management will be described.
  • The role and impact of technology in providing the necessary privacy and security controls will be discussed, including technology best practices in the areas of physical data security, data encryption, logging, authentication, authorization, intrusion detection, and related technology policies.
  • The necessary communications addressing workforce members, customers, the public, government, and the media will be described, for normal operations, to show compliance, and to respond to crises such as breaches.
  • The role of training will be explored as a means to implement and verify compliance with the organization’s policies and procedures.
  • Tools available to assist with compliance and show performance to the public and customers will be discussed.

Who should attend? Business managers, office managers, finance managers, privacy officers, security officers, compliance managers, risk managers, information systems directors, CFOs, and CEOs at healthcare institutions, and at financial institutions that provide services to HIPAA covered entities and other HIPAA business associates.

Order Below or Call 1-866-458-2965 Today

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Phone

1-866-458-2965

Fax

1-919-287-2643

About Our Speaker

Jim Sheldon Dean - HIPAA Compliance & Regulations Expert


Jim Sheldon-Dean is a healthcare compliance and HIPAA expert in the areas of privacy and security regulatory compliance and business process analysis. He is the founder and director of compliance services at Lewis Creek Systems, LLC, a Vermont-based consulting firm founded in 1982, providing information privacy and security regulatory compliance services to a wide variety of healthcare entities. Jim is a frequent speaker regarding HIPAA...   More Info
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