AHLA Thought Leader Perspectives - Adopting Duty of Care Risk Analysis (DoCRA) to Drive Governance, Risk, and Compliance (GRC) 2019
How much security is enough? Business decision-makers juggle countless variables and make risk decisions using “due care” and “reasonableness.” Understand how to apply duty of care to your specific organization.
HALOCK senior partner, Terry Kurzynski, and Jennifer L. Rathburn, partner from Foley & Lardner LLP present the challenging topic of balancing compliance, security, and business objectives in the healthcare arena.
- How to balance the protection of your entity's interests with public interest in accordance with regulatory standards.
- Establish definitions for “due care” to evaluate whether safeguards are reasonable and appropriate, either before or after a breach occurs.
- How entities evaluated the risk-appropriateness of their safeguards after a breach occurs.
- A practical method of how to define “appropriate” or “reasonable” risk.