HIPAA risk assessment is an important aspect of reaching HIPAA compliance. A comprehensive HIPAA risk assessment will determine the availability of electronic patient health information and how securely the information is created,

1. HIPAA risk assessment is an important aspect of reaching HIPAA compliance. A
comprehensive HIPAA risk assessment will determine the availability of electronic
patient health information and how securely the information is created, stored and
transmitted. Organizations and entities within the industry need to provide a
written report that proves a HIPAA risk assessment has been completed to comply
with the Security Rule. Everything from the internal network your organization uses
to the way that data is transmitted is included in a formal HIPAA risk assessment.

2. A comprehensive HIPAA risk assessment includes assessing computers and portable
media that is used to access and store patient health information, how that data is
stored and transmitted and potential threats to the data. Threats can include loss of
data through an environmental source such as a natural disaster or power outage as
well as breaches of security by a third-party source. A breach of data can occur
unintentionally when electronically stored patient information is accessed by any
unauthorized party or when the information is accessed unnecessarily.
Most businesses today store electronic patient health information using a third-
party source such as a web based data storage center. When using a data storage
center, you will need to contact the company hosting your information to determine
exactly how the information is stored as part of your organization's HIPAA risk
assessment. It is also important to know that HIPAA compliant software providers
that offer cloud based storage must now meet HIPAA guidelines. The best HIPAA
risk assessment software is that which is HIPAA, Omnibus and HITECH compliant.

3. HIPAA risk assessment software should cover the basics of how electronic patient
information is stored, transmitted and created among all business partners.
Business partners include the company that is providing web-based storage for
electronic patient health information, billing companies and anyone else that
receives or stores ePHI. HIPAA risk assessment software should also provide
information on which changes are needed to eliminate vulnerabilities. The
Department of Health and Human Services now requires that all organizations and
entities with access to electronic patient health information provide written
documentation proving HIPAA risk assessments have been properly completed.
The Department of Health and Human Services doesn't currently require businesses
to perform HIPAA risk assessment softwareon a set schedule. Even though there
isn't a formal timetable for HIPAA audits, there are a few reasons that your

4. organization may need to complete HIPAA risk assessment software. For instance,
organizations that have implemented new data storage methods will need to prove
that their data management systems meet HIPAA guidelines.
A large staff turnover or the replacement of a key employee who previously had
access to electronic patient health information are also reasons that you may need
to complete a comprehensive HIPAA risk assessment software. If an organization
makes corrections based on a previous HIPAA risk assessment, completing another
assessment will ensure that all corrections are made and the organization complies
with HIPAA standards.
HIPAA risk assessment software is the most effective and affordable way to
complete an audit of your business. Software that is HIPAA compliant will provide
you with the documentation that you need to prove compliance and assist you in
identifying risks within your organization.
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