Sarbanes-Oxley Act (Sarbox, SOX)
Purpose: Enacted in 2002, the Sarbanes-Oxley Act is designed to protect investors and the public by increasing the accuracy and reliability of corporate disclosures. It was enacted after the high-profile Enron and WorldCom financial scandals of the early 2000s. It is administered by the Securities and Exchange Commission, which publishes SOX rules and requirements defining audit requirements and the records businesses should store and for how long.
To whom it applies: US public company boards, management and public accounting firms.
Key points for CISOs: SOX places requirements around maintaining integrity and availability of financial data, and controls for who has access to that data. Specific rules need to be in place for:
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The United States Court of Appeals for the Fifth Circuit recently found that the United States Department of Health and Human Services (HHS) lacked a lawful basis for a $4.3 million civil money penalty order that it issued to a healthcare provider for alleged violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Covered entities and business associates should take note of the court’s decision to provide guidance on their HIPAA compliance efforts and response to enforcement actions taken by HHS. This decision could significantly impact future HHS enforcement actions.
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EHR vendors, health systems frequently engage in information blocking, study shows
According to a national survey of health information exchanges, EHR vendors and health systems commonly engage in information blocking. Insights from the survey can help the HHS enforce its soon-to-be implemented information blocking rules, researchers say.
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With a little over two months to go before federal rules prohibiting information blocking take effect, a new study has found that the practice is prevalent among EHR vendors and providers.
The Department of Health and Human Services will implement its long-awaited interoperability and information blocking rules in April. This move will provide patients with unprecedented access to their health data.
Free Version of Cures Act Ready BlueButtonPRO Solution for EHRs & Payers Announced by Darena Solutions
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The free offering will allow EHRs and Payers to avoid the million dollar penalty and adopt FHIR® standards to meet the Cures Act requirements in a phased manner.
By offering our solution for free, we are proud to contribute to CMS and ONC s goal to leverage the robust nature of the FHIR® standard in democratizing healthcare technology development. DR. PAWAN JINDAL, PRESIDENT & CEO, DARENA SOLUTIONS ST. LOUIS (PRWEB) January 27, 2021 Darena Solutions announced today that it would offer a free version of its BlueButtonPRO solution called CuresConnect™ to EHRs and Payers. As part of the 21st Century Cures Act, the Office of the National Coordinator for Health Information Technology (ONC) and Centers for Medicare & Medicaid Services (CMS) issued two rules to implement interoperability and patient
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Healthcare organizations are becoming increasingly focused on innovative technology solutions like telehealth, enhanced electronic health records and partnerships with technology companies.
With this focus has come changes to the C-suite a Modern Healthcare article reports that there was an approximate 40% increase in the number of telehealth leadership roles in the healthcare system between early 2019 and early 2020.
The innovations in technology have blossomed further during the COVID-19 pandemic. As the new vaccines roll out and we inch toward a return to normalcy, we expect that many of these innovations are here to stay.
But as aspiring healthcare leaders rise through the ranks over the next 4 years, what should they be expecting in regard to technology? How should hospitals be approaching the use of innovative technology now and in the future, and what do they need to anticipate as we head into a new Biden/Harris administration?