Solving third party risk management in healthcare
Healthcare organizations and vendors are struggling with the current state of third-party risk management (TPRM). With numerous vendors supplying software and devices, HCOs face increased cybersecurity threats. The use of multiple vendors also complicates data governance and compliance analysis. Britton Burton from Meditology Services discusses the challenges of TPRM in healthcare and suggests that strategic partnerships can offer a solution for both organizations and vendors. The article explores the changes in TPRM over the past decade, the areas of greatest vulnerability in healthcare, and potential solutions to the problem.