Centralized Compliance Environment Design
MetricStream offers a centralized solution to simplify the creation and management of the IT compliance environment for HIPAA. Organizations can easily map regulatory updates to risks, controls, and policies, enabling an integrated approach to IT compliance.
Effective Monitoring of Compliance Assessments
The platform allows organizations to design and send out surveys and questionnaires for control tests or self-assessment. Control samples can be assigned to owners, testers, and assessors while utilizing the scope advisor to select test scope based on risk scores and regulations.
Harmonization and Standardization of IT Compliance
With MetricStream, HIPAA controls can be harmonized across various IT regulations like NIST and ISO using the UCF Common Controls Hub and the GRC Library. This ensures a comprehensive approach to IT risk and governance, focusing on the right areas for better compliance management.
Accelerated Issue and Remediation Management
MetricStream facilitates effortless issue classification based on criticality and business impact, leveraging artificial intelligence and machine learning. The platform speeds up the creation and implementation of remediation plans with real-time tracking and approval routing for issue resolution.
Real-Time View of IT Compliance
Organizations can leverage online dashboards and reports to monitor IT compliance assessments in real-time with MetricStream. Users can drill down into different parameters such as business lines and information classification to gain insights and metrics related to HIPAA compliance advisory.
What Benefits You Can Expect
By using MetricStream for HIPAA compliance, organizations can successfully achieve and maintain compliance requirements, build trust with partners and customers, save time and costs with streamlined risk assessments, and gain a single integrated source of truth for risk and compliance management.