Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
PHI
Protected Health Information (PHI) refers to any data in a medical data record that can be used to identify an individual. This data was created, used, or disclosed during the course of offering health services to a patient.
The Privacy Rule of HIPAA extensively covers the rights an individual has over this information. Covered entities and business associates who use and disclose PHI must do so within the guidelines of HIPAA.
Additional reading
A Starter’s Guide To Strategic Risk Management
James Lam Associates, a consulting firm for risk management that works closely with CISOs, CROs, CFOs, and CEOs, conducted a study on the principal reason organizations suffer financial distress. The research found that 61% of incidents were due to strategic risks, 30% to operational risks, and 9% to financial risks. In spite of such high…
HIPAA Documentation: Importance & Requirements
If you own a healthcare facility or provide a service to one, you know how important it is to be HIPAA compliant. HIPAA has a long list of requirements, and documentation is an important one. The struggle with HIPAA documentation is often confusing. The legal speak often leads non-compliance folks down the rabbit hole. But…
Change Management for SOC 2: AICPA Guidelines
If your organization’s SOC 2 audit is around the corner, everyone in your team has surely worked hard to get that SOC 2 certificate. A ton of effort went into ensuring that the organization is demonstrating compliance for applicable Trust Service Criteria (TSC). In your SOC 2 journey, are you ready to demonstrate evidence for…

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