March 21, 2024 Let’s go! Day number four of Feature Week. We hope you’ve stayed tuned as we go over all the wonderful features that make Abyde the leading compliance software for Business Associates (BAs). We know that running your business can be tough, so we simplify compliance, so you can focus on being successful in your business. So far, this week we’ve gone over our intuitive Security Risk Analysis (SRA), our unique Scorecard, telling you what you need to do to be compliant based on your answers, and yesterday, our dynamically generated custom Policies and Procedures, saving your business countless hours in drafting documentation. How does this software get even better? Well, it does! Today, we’ll go over our state-of-the-art BA and CE (Covered Entity) Portal, where you can manage your Business Associate Agreements (BAAs). As we say here at Abyde, who does it better than us? NOBODY! BAA-lieve It or Not: The Importance of Business Associate Agreements A Business Associate Agreement, or a BAA, is an agreement between a BA and CE, or a Sub-BA, that outlines the roles and responsibilities of both parties when it comes to securing Protected Health Information (PHI). In simpler terms: a contract that spells out what each party needs to do when it comes to HIPAA compliance. One of the top HIPAA violations BAs make is not having a Business Associate Agreement in place. This agreement is required by the government, making sure both parties are aware of the responsibilities that come along with handling sensitive patient information. BAs must have agreements in place with all CEs and Sub-BAs they work with. Managing these agreements could be complicated without Abyde, being unaware of what needs to go into an agreement, getting it over to be signed and knowing when these agreements expire. But with Abyde, you don’t need to worry about this, simplifying the compliance process even more. Like how we dynamically generate custom Policies and Procedures, we create BAAs for you. All we need you to do is digitally sign. The BAA will be sent over by email through the software and will be stored in our nifty BA | CE Portal. Have an agreement expiring soon? We’ll notify you, giving you plenty of time to update your documentation so you can stay compliant. All BAAs are easily downloadable from the software and can be reviewed at all times. Have a partner who hasn’t signed yet? We’ll send reminders for them, too. With our revolutionary features, we think it’s clear: we want to make compliance the easiest part of running your business. To learn more about how you can manage your Business Associate Agreements with the Abyde software, email info@abyde.com and see it in action here.
