The Health Insurance Portability and Accountability Act (HIPAA) establishes comprehensive regulations for protected health information. Financial institutions may be subject to HIPAA based upon services provided to health care providers and health plans.
This webinar will provide an overview of how HIPAA may apply to financial institutions, certain exemptions for financial institutions under HIPAA, guidance on business associate agreements, and best practices for complying with HIPAA's privacy, security, and breach notification requirements. In addition, we will discuss key vendor management issues for financial institutions. This will include the potential risks in outsourcing functions to vendors, how to mitigate those potential risks, guidance for conducting proper due diligence on your vendors, and best practices for developing and refining your vendor management program.