Healthcare: What Is a Vendor Risk Assessment?
What does it mean for a healthcare organization to perform a risk assessment on a vendor? Is it a questionnaire, review, or process?
It's essential to first identify the types and amounts of risk associated in the product or service and if the vendor will be critical to your organization. This information should guide the decisions regarding the level of due diligence, contract requirements, and how you manage the vendor's risk and performance throughout the life of the engagement.
Download the eBook to learn:
- What to include in a risk assessment
- Understanding inherent vs residual risk
- Risk handling techniques