New HITRUST Reporting Options Aim to Fill Major Gaps in the Market

At a glance The main takeaway: The Health Information Trust (HITRUST) Alliance updated reporting options for assessments and certifications to provide a broader range while maintaining the gold standard of quality of reporting. Impact on your business: Any organization that stores or processes healthcare data may be required to complete a HITRUST assessment to meet customer contractual…

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Infrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business

At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President Biden to sign. Learn about the incentives included and how they may benefit you and who will pay for the benefits. Learn about the new crypto filing requirements that will impact everyone involved in investing…

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Data Security Compliance ROI — What PE Investors Need to Know

At a glance: Compliance costs are relative to revenue: The cost of compliance reporting rises and falls across the four stages of business maturity relative to revenue. Early compliance increases ROI: Establishing efficient compliance programs early lowers cyber risks, decreases cost-per-new-client acquisition, and increases margin and return on investment (ROI) over time. Compliance is a cost…

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5 Healthcare IT HIPAA Compliance Options

Aprio is the only top 50 CPA firm with a specialization in healthcare IT and deep experience in HIPAA attestation reporting including SOC 2, ISO 27001, ISO 27701 and HITRUST CSF validated assessment and certification. To identify and achieve the right compliance programs to meet your business needs, contact us today. There are 5 ways…

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How Healthcare Falls Short on Cybersecurity – And How to Catch Up

At a glance: Another healthcare crisis: The rapid and unceasing rise in healthcare-related cybercrimes is taking its toll, contributing to widespread patient distrust in providers’ ability to safeguard personal information. Do no harm: Patients will always suffer the most when a healthcare provider or business fails to implement effective cybersecurity protocols, so prioritizing patient care…

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3 Things to Know About PRF Reporting

At a glance: The main takeaway: The U.S. Department of Health and Human Services (HHS) has opened the Provider Relief Fund (PRF) Reporting Portal in preparation for the first reporting period beginning July 1, 2021. Impact on your business: Healthcare and Dental practices that received more than $10,000 in automatic PRF payments before June 30,…

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It’s Here: The HHS Releases New Provider Relief Fund Guidance on Reporting

At a glance: The main takeaway: The U.S. Department of Health and Human Services (HHS) has released new guidance that sheds some much-needed light on Provider Relief Fund (PRF) reporting requirements. Impact on your business: The HHS’s guidance specifically provides information on PRF usage deadlines and time periods, reporting responsibilities and how to conduct the…

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