Clearwater Introduces New 405(d) HICP Assessment and Related Software Tool to Help Healthcare Organizations Demonstrate Federally Recognized Cybersecurity Practices
Summary
The new offering, which includes consulting services and software that can be purchased together or independently, can help healthcare organizations position themselves to reduce fines and penalties, shorten or terminate audits, and mitigate remedies that would otherwise be involved in resolving potential violations of the HIPAA Security Rule, by demonstrating recognized security practices have been in place for at least 12 months. Additionally, some investors, cyber insurers, and other third parties have begun requiring that healthcare organizations they contract with demonstrate adoption of recognized security practices. IRM|405(d) HICP and our leading team of cybersecurity experts give healthcare leaders very practical tools and guidance for evaluating their organization’s performance relative to those practices, helping them identify and address gaps that put the organization at risk.” Through a structured assessment and purpose-built software solution that are directly in alignment with the 405(d) HICP Guide, Clearwater is helping healthcare organizations assess how well they satisfy the guide’s explicit requirements, identify current gaps, and equip teams to address those gaps. “Demonstrating that you are following 405(d) HICP positions healthcare organizations favorably in the case of an audit or inquiry and drives better protection of PHI,” explained Clearwater’s Chief Product Officer Jon Stone, lead architect of the company’s IRM|Pro software solutions. Our solutions enable organizations to avoid preventable breaches, protect patients and their data, meet regulatory requirements, and optimize cybersecurity investments.