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Business Associate Agreement For Law Firms

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Counterparties` functions and activities include: processing or managing receivables; Data analysis, processing or management Checking usage Quality assurance Settlement of accounts Benefit management Practice management and reassessment. The services provided by trading partners are: legal; actuarial; Accounting; The council data aggregation Administration From an administrative point of view Accreditation and financially. See the definition of «Business Associate» under 45 CFR 160.103. General provision. The data protection rule requires that a covered entity receive satisfactory assurances from its counterparty that the counterparty adequately protects the protected health information it receives or creates on behalf of the entity concerned. Satisfactory assurances must be made in writing, either in the form of a contract or other agreement between the covered entity and the counterparty. CONSIDERING that the entity concerned has obliged the counterparty to provide specific services for or for hedging entities that are described and defined in one or more separate agreements for services between the parties, order forms and/or work declarations (a «service agreement») package, and that they may use or disclose, in conjunction with those services, certain individual health information protected by data protection and data protection rules; and, in general, a counterparty is a person or organization other than a member of staff of a covered company that performs certain functions or activities on behalf of a covered business or provides certain services. Like covered companies, counterparties must implement these security measures in accordance with the HIPAA security rule. The acronym HIPAA refers to a federal law called the Health Insurance Portability and Accountability Act of 1996. HIPAA is a term that most people hear in clinic waiting rooms or at the hospital reception or read in their health plan documents. Although health care professionals are more familiar with HIPAA, the law is less understood in the general american business world. In this article, we remove the HIPAA compliance curtain by introducing HIPAA requirements and the role that law firms can play in advising clients who are companies or business partners covered by HIPAA.