What’s the Risk?
What’s the Risk – Sharing Data for Secondary Use: Six Ways Privacy Officers Can Limit Risk Exposure When Sharing or Monetizing Data Assets
Healthcare organization are now recognizing the potential of sharing PHI – but are also very aware of the inherent risks.
When it comes to using health data for secondary purposes, privacy implications, legal implications and public relations ramifications are all major concerns for providers, payers and the pharma industry. Privacy Officers know that leveraging protected health information (PHI) or personally identifiable information (PII) requires them to tread carefully. Safeguarding patient privacy is of paramount importance and the repercussions for a breach can be costly, both in dollars and reputation. The role of Privacy Officers in healthcare organizations more important than ever before. In addition to being privacy champions, these individuals must now help their organizations navigate the regulatory landscape and manage risk to minimize financial and reputational costs.
Privacy Officers know that sharing data for secondary use is inherently an exercise in risk management. By effectively assessing the data’s exposure to risk, proper measures can be taken to safeguard individual privacy. It’s about achieving the right mix.
This paper offers up six ways that Privacy Officers can limit risk when releasing data for secondary uses. By doing so, Privacy Officers can be confident that their organization’s data sharing practices effectively protect privacy, comply with current legislation, and are defensible should a breach occur.