HIPAA Risk Analysis, Risk Assessment, & Evaluation: Is There a Difference?
We hear the terms risk assessment, risk analysis, and evaluation used routinely in healthcare settings, often in the context of HIPAA compliance. The big question: is there a material difference between these terms from a HIPAA regulatory perspective? Answering this question correctly is critical to maintaining HIPAA compliance and staying out of hot water with regulators. Many organizations that have misunderstood and misapplied these terms have ended up facing multi-million-dollar settlements with the Office for Civil Rights (OCR) for failure to comply with the HIPAA Security Rule.
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