Friday, February 24, 2012

FW: Invitation to Congressional Briefing on the Financial Impact of Breached Protected Health Information

I won’t likely be able to attend this. Please let me know if you will be able to attend. I would be very interested in the output.

Dear Colleague:

Data breaches of protected health information (PHI) are growing in frequency and in magnitude and are having huge financial, legal, operational, clinical, and reputational repercussions. Protecting this valuable health data is an essential part of business for all health care organizations and for quality health care.

On March 5, you are cordially invited to attend a congressional briefing – hosted by Congressional Bipartisan Privacy Caucus Co-Chairs Congressman Edward J. Markey (D-MA) and Congressman Joe Barton (R-TX) – that will unveil a new report and method to help organizations operating in the health care industry evaluate the financial impact of breached PHI and the business case for reducing those breaches.

Full details follow below; the attached publicity flyer may be freely shared.
Congressional Briefing: The Financial Impact of Breached Protected Health Information: A Business Case for Enhanced PHI Security

Co-hosted by Congressman Edward J. Markey (D-MA) and Congressman Joe Barton (R-TX), Co-Chairs of the Congressional Bipartisan Privacy Caucus.

Health care organizations are entrusted with safeguarding patient privacy and protected health information (PHI), but their security efforts are not keeping pace with the growing risks of exposure of PHI as a result of electronic health record (EHR) adoption, the number of organizations handling PHI, and the growing rewards of PHI theft. In order to sustain delivery of quality health care and ensure patient safety, the health care industry and its service providers require adequate processes and resources to protect PHI. 

The Financial Impact of Breached Protected Health Information: A Business Case for Enhanced PHI Security provides health care organizations a 5-step method – PHIve (PHI Value Estimator) to assess specific security risks and build a business case for enhanced PHI security. This tool estimates the overall potential costs of a data breach to an organization, and provides a methodology for determining an appropriate level of investment needed to strengthen privacy and security programs and reduce the probability of a breach. Armed with the information contained in this free report, organizations operating in the health care sector can take immediate action to commit the resources needed to head off the potentially devastating consequences of a PHI data breach.

§  Joe Bhatia, President and CEO, American National Standards Institute
§  Catherine Allen, Chairman and CEO, The Santa Fe Group
§  Larry Clinton, President and CEO, Internet Security Alliance
§  Rick Kam, President and Co-Founder, ID Experts, Chairman of the PHI Project
§  James C. Pyles, Principal, Powers Pyles Sutter & Verville PC
§  Lynda Martel, Director, Privacy Compliance Communications, DriveSavers Data Recovery
§  Mary Chaput, CFO and Chief Compliance Officer, Clearwater Compliance LLC

Monday, March 5, 2012, 12:30 p.m. – 1:30 p.m.
A simple brown-bag lunch will be served.

Rayburn House Office Building, Room Rayburn B-340
Independence Avenue and South Capitol Street
Washington, DC, 20003

Launches on March 5, 2012, at 10:00 a.m.: 

The event is open to members of Congress and their staff as well as all interested members of the press. RSVP to       

Complimentary copies of the report and an accompanying media kit will be available at the congressional briefing.

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