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Censinet® to Lead Discussion of Third-Party Risk in Healthcare at Important Upcoming Industry Events

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What is Censinet’s role in upcoming healthcare cybersecurity events?

Censinet is sponsoring and leading discussions on third-party risk management at the H-ISAC Spring Summit and Cyber Security for Healthcare Exchange, showcasing its vendor risk management platform.

Why is third-party risk management important in healthcare?

Healthcare providers work with an average of 700+ vendors, introducing significant risks to patient care and data security. Effective third-party risk management helps mitigate these threats.

How does the Censinet Platform help healthcare providers?

Provides real-time vendor risk profiles and ratings. Replaces outdated manual processes with continuous monitoring. Centralizes vendor management, enabling faster and more informed decision-making.

What is the focus of Censinet’s discussions at these events?

Censinet will focus on modernizing risk assessments, protecting patient care, and empowering healthcare providers to manage vendor risks efficiently using real-time data and collaboration tools.

When and where are the events taking place?

H-ISAC Spring Summit: May 13-14, 2019, in Ponte Vedra Beach, Florida. Cyber Security for Healthcare Exchange: May 19-21, 2019, in Dallas, Texas.

Censinet, the third-party risk management company for healthcare providers, today announced that it will be driving discussion of third-party risk management in healthcare as a sponsor of two upcoming leading industry events – H-ISAC Spring Summit and Cyber Security for Healthcare Exchange.

Company to Sponsor and Attend H-ISAC Spring Summit and Cyber Security for Healthcare Exchange

Boston – May 13, 2019 – Censinet, the third-party risk management company for healthcare providers, today announced that it will be driving discussion of third-party risk management in healthcare as a sponsor of two upcoming leading industry events – H-ISAC Spring Summit and Cyber Security for Healthcare Exchange. The company also plans to demonstrate its recently launched third-party risk management platform designed and developed in partnership with more than a dozen U.S. healthcare providers to manage threats to patient care.

As third parties continue to introduce unprecedented levels of risk into healthcare providers’ networks, it’s crucial that organizations take steps to manage threats to patient care. The average healthcare provider deals with more than 700 vendors and suppliers, exposing organizations to a substantial amount of risk.

“Risk never sleeps in healthcare,” said Ed Gaudet, CEO and Founder of Censinet. “This is why it’s essential that providers take third-party risk management into their own hands. The traditional risk assessment process in healthcare is outdated and antiquated. With Censinet, healthcare organizations can easily manage all vendors in their ecosystem in one place with immediate access to each vendor’s risk profile and risk rating, empowering them to make decisions based on accurate, real time data. We look forward to sharing our solution with industry leaders at both of these leading events and engaging in productive discussions on how to take the risk out of patient care.”

H-ISAC Spring Summit will be held May 13th-14th, 2019 in Ponte Vedra Beach, Flordia. Censinet will be located at booth #28.

Cyber Security for Healthcare Exchange will take place in Dallas, TX during May 19th-21st, 2019.

For more information on Censinet and how it is helping healthcare providers mitigate third-party risk, please visit: https://censinet.com/third-party-vendor-risk-management-software/

About Censinet

Censinet provides the first and only third-party risk management platform built by and for healthcare providers to manage the threats to patient care that exist within an expanding ecosystem of vendors. With its unique Censinet One-click AssessmentTM capabilities and Digital Vendor CatalogTM, the Censinet Platform reduces the time to assess vendor risk from weeks to seconds, while automating inefficient workflows and providing continuous real-time insights into the changing risk profile of each vendor. Censinet is based in Boston, MA and can be found at https://censinet.com/.

Contact:
Nicole Rosenberg
fama PR for Censinet
(617) 986-5041
censinet@famapr.com

Key Points:

What is Censinet’s role in the upcoming healthcare cybersecurity events?

  • Censinet is sponsoring and leading discussions on third-party risk management at two major events: the H-ISAC Spring Summit and the Cyber Security for Healthcare Exchange.
  • The company will showcase its vendor risk management platform, which helps healthcare providers modernize risk assessments and protect patient care.

Why is third-party risk management critical in healthcare?

  • Healthcare providers work with an average of 700+ vendors, each introducing potential risks to patient care and data security.
  • Third-party vendors are responsible for 50% of all data breaches in healthcare, making effective risk management essential to protect sensitive patient information.
  • Poorly managed vendor risks can disrupt operations, compromise patient safety, and lead to regulatory fines.

How does the Censinet Platform help healthcare providers manage third-party risks?

  • Real-time vendor risk profiles: Provides immediate access to vendor risk ratings and profiles, enabling faster decision-making.
  • Continuous monitoring: Tracks vendor risks in real time, ensuring providers stay ahead of potential threats.
  • Centralized management: Consolidates all vendor information into one platform, replacing outdated manual processes.
  • Actionable insights: Offers detailed drill-downs into vendor risks, allowing providers to quickly identify and mitigate vulnerabilities.

What is the focus of Censinet’s discussions at these events?

  • Censinet will emphasize the importance of modernizing risk assessments to replace outdated, manual processes.
  • Discussions will highlight how healthcare providers can use real-time data and collaborative tools to manage vendor risks more effectively.
  • The company will also explore how its platform empowers providers to protect patient care by mitigating third-party risks.

What is the significance of the "network effect" in vendor risk management?

  • The "network effect" refers to the collective benefits of having more vendors and providers on a single platform.
  • Providers can share insights, identify trusted vendors, and collaborate to address risks more efficiently.
  • This community-driven approach fosters transparency and raises the overall standard of security across the healthcare ecosystem.

How does Censinet’s platform improve decision-making for healthcare providers?

  • By providing real-time insights and continuous monitoring, the platform enables providers to make informed decisions quickly.
  • Centralized vendor management reduces the time and effort required to assess risks, allowing providers to focus on patient care.
  • The platform’s detailed drill-down capabilities ensure providers have access to the most granular information about vendor risks.

Why is collaboration important in third-party risk management?

  • Collaboration between healthcare providers and vendors creates a shared responsibility for identifying and mitigating risks.
  • Providers can give vendors constructive feedback to improve their risk posture, fostering stronger relationships.
  • A collaborative approach ensures that both parties work together to protect patient care and data security.

What is the ultimate goal of Censinet’s vendor risk management platform?

  • To modernize and streamline the risk assessment process, replacing outdated manual workflows with efficient, automated tools.
  • To protect patient care by reducing third-party risks and ensuring healthcare providers can focus on delivering high-quality care.
  • To foster a collaborative, community-driven approach to vendor risk management, empowering providers and vendors to work together effectively.

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