Third Party Risk Management

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Course
Time
5 hours 25 minutes
Difficulty
Intermediate
CEU/CPE
6
Video Transcription
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>> Hello again and welcome to
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the HCISPP Certification course
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with Cybrary, Third-Party Risk Management.
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My name is Charlene Hutchins.
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Today we're going to talk about primary entity,
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third party, and accountability.
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As we've discussed throughout this course,
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health care involves a variety of stakeholders,
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each of whom has a responsibility to
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safeguard the sensitive data that is entrusted to it.
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If you will recall from earlier in the course,
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the entity that has direct relationship with
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the patient is referred to as the primary entity.
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That could be a doctor, a hospital,
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a pharmacy, or health insurance company or payer.
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Any entity in which
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the primary entity sources
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a function or multiple functions,
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is considered a third party vendor.
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The expectation for the third-party vendors
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who create, access, store,
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or process health information is that they must protect
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the information at the same level
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or greater than the primary entity.
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Though this does not absolve
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the primary entity of
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any responsibility for due diligence.
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Vendors in the healthcare space can be
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as varied as a company that performs
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hardware destruction to one that handles
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medical claims processing, billing, or collections.
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Just as in other industries,
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vendor arrangements can vary and
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each of them comes with a certain level of risk,
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such as the location of the services.
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Either on site at the primary entities facility,
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for example, nurses provided by a temporary agency.
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Off-site at the third-party vendors facility,
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or within the primary entities country,
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or in a foreign country,
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often referred to as offshore,
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or the service offerings.
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Business process outsourcing, for example,
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medical transcription services
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or information technology outsourcing,
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for example, systems development and maintenance.
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Or even Cloud services,
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such as Software as a service,
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Infrastructure as a service,
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and Platform as a service.
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As mentioned previously,
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because sharing information is vital to ensuring
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that health care delivery
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provides for the needs of the individual,
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security and privacy of
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health care data poses some unique challenges.
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For example, the government of a health insurer or
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payer requires information to be
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able to pay for the delivery of care.
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Providers must be capable of
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securely sharing patient information.
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Coordination among providers is required to give
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individuals the appropriate level of care.
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Although the data needs to be protected,
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care depends on some level of openness to
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the data to be efficient and effective.
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At each step along the health care continuum,
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there are risks that must be anticipated and medicated.
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When third parties are added to the mix,
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additional risk is introduced.
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It is precisely that risk which the HCISPP
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professional can help to
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identify, communicate, and manage.
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The accountability for protection of
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health information ultimately lies
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with the primary entity.
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However regulators are becoming more aware
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of the risks posed by downstream vendors.
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There are countless examples in the media of
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vendors who have caused data leakage or data breaches.
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It's important for a primary entity to ensure that
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its third-party vendors understand the laws and
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regulations to which the entity is held
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and to which compliance is expected of the vendor.
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Those regulations vary by country,
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state, or province.
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Many regulations impose harsher penalties
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if there is negligence.
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It's important to keep
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a close watch over issues identified at
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a vendor to ensure they are
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corrected in an appropriate and timely manner.
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The organization that collected the PHI originally is
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responsible for it even after
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it passed on to a third party.
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Time for a knowledge check.
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Third parties can either a,
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introduce additional risks to an organization,
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if not properly assessed and monitored.
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Or b, alleviate an organization of
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responsibility during
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a protected health information breach.
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Or c, not outsource, processing, storage,
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or transmission of sensitive PHI
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regardless of contract requirements.
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Or d, only operate in
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countries where the original party resides,
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which is the best answer?
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[NOISE] Did you guess a?
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Third parties can introduce additional risk.
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In summary, we talked about primary entities,
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third parties, and accountability.
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See you in the next video.
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