Case Study : Case Study Conducting A Risk Analysis

1319 Words Feb 7th, 2016 6 Pages
M3A1: Case Study Conducting a Risk Analysis
In your case analysis, be sure to complete the following activities:
I. Prepare a qualitative and quantitative risk assessment of this scenario. For the quantitative component, use your best estimates of probability, asset costs, and cost of controls. The HIPAA is based on privacy and requires safeguards to be implemented to protect the privacy of electronic information. The Health Insurance Portability and Accountability Act (HIPAA), also known as Kassebaum–Kennedy, after the senators who wrote the bill, passed in 1996 to assist individuals buying and keeping health insurance (portability), even when they have severe health situations, and sets the basic requirements. Due to the fact that individual states can modify and develop requirements, the individual protections do vary by state. This act broadened the laws to embrace stringent guidelines for privacy and security of health information and provides people additional oversight of how their health information is utilized. The privacy/security procedures within HIPAA oversee the use, disclosure, and handling of any identifiable patient information by covered healthcare providers. Since this scenario is for a hospital, the new HIPAA Omnibus rule, which has been effective since March 26th, 2013, makes the guidelines more difficult, and the consequences of non-compliance more expensive. Furthermore, there are some major alterations for a medical provider, or user, of public…

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