Today’s healthcare organizations face myriad financial and other challenges because of threats from the outside, including cyber-attacks, as well as threats from within—such as consumers’ shifting expectations of what healthcare should be.
Despite significant progress in moving from the world of paper transactions, telephone collection calls and spreadsheet accounting to fully automated business processes, the healthcare industry has a long way to go to achieve the kind of efficiencies found in other industries.
In whitepaper number two in this series, we learned that due diligence should begin at the earliest stages of planning for implementation of any cybersecurity infrastructure. We’ve developed this checklist of best practices to assist in your ongoing efforts to ensure your vendors are protected against cybersecurity risks.
While not traditionally considered as partners, banks provide critical services to healthcare organizations and address a number of needs, one of which is the holistic processing of payments, both receivables and payables.
As you consider and assess your relationships with all your vendors, partners, service providers and banks, probe to determine if they are committed to the safety and security of your information through the processes they have in place, the ongoing actions they take and how that information is shared with you.
As a trusted provider to healthcare organizations, KeyBank is constantly working to fi nd ways to help businesses stay as secure as possible. In this whitepaper, we break down business associate agreements, including the requirements and regulations to keep your company protected.