Healthcare Third-Party Risk Management
Riskonnect’s healthcare Third-Party Risk Management software minimizes the downside of working with vendors and other third-party suppliers so you can maximize the upside.
How vulnerable are you to third-party missteps?
Vendors and other third-party suppliers are critical to the success of healthcare organizations – but they also pose considerable risk, especially when it comes to sensitive patient information and data.
All it takes is one misstep, and the damage is done.
A Proactive Approach to Managing Third-Party Risk
Riskonnect’s healthcare Third-Party Risk Management software brings all of your vendor information together into one, cloud-based platform that monitors third parties throughout the entire relationship.
The software tracks in real time everything that relates to third-party suppliers, including agreements, contracts, policies, and access credentials.
Keep Important Documentation at Your Fingertips
- Compiles important details and documentation for all third parties, including your vendors, your vendors’ vendors, and channel partners.
- Automates workflows to save time and improve reliability.
- Provides a portal for vendors to submit responses.
- Vets potential vendors thoroughly and consistently.
Increase Visibility to Risk
- Constructs appropriate questionnaires based on vendor type.
- Calculates a risk score and overall classification (e.g., high, medium, low) for each vendor.
- Tracks vendor issues – and verifies that they have been resolved.
Protect Your Organization
- Automatically reassess each vendor according to a set timetable.
- Create an audit trail of documentation.
- Receive alerts when documents are expiring.
- Easily communicate third-party risk with dashboards and point-and-click reports.