Challenges of HIPAA Compliance For SaaS Companies
For SaaS and software companies building new products, the healthcare industry can provide many sales opportunities, but regulatory compliance with HIPAA/HITECH can be a burden. SaaS companies must adopt administrative policies and implement all necessary technical controls for the cloud infrastructure, such as encryption, audit logging, backup and disaster recovery (DR).
In order for SaaS providers to sell to healthcare providers and healthcare vendors, they must become HIPAA compliant. This means that SaaS providers must implement all necessary physical, technical, and administrative safeguards across their organization. Teams must consider the following items when creating a HIPAA Security Program and managing HIPAA compliance for SaaS providers:
- Designating A Security Officer and Security Officer
- Developing HIPAA Administrative Policies
- Managing Security For Protected Health Information (PHI) Data In The Cloud
- Implementing Access Control and Networking Controls
- Establishing Risk Assessment and Contingency Plan Procedures