The first step toward achieving HIPAA compliance is understanding the specific requirements of the regulation. HIPAA applies to covered entities, which include healthcare providers, health plans, and healthcare clearinghouses. Pharmaceutical companies that interact with any of these entities, such as those conducting clinical trials or providing services to healthcare providers, must comply with HIPAA. The regulation is extensive, but pharmaceutical companies primarily need to focus on the following: 2. Conduct a HIPAA Risk Assessment A key component of HIPAA compliance is performing a risk assessment to identify potential vulnerabilities and…
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