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Censinet Announces Censinet RiskOps for Healthcare

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What is Censinet RiskOps?

Censinet RiskOps is the first cloud-based integrated platform for healthcare that consolidates enterprise risk management and operations across critical areas like clinical, regulatory, cybersecurity, research, and supply chain.

How does Censinet RiskOps transform risk management?

It unifies siloed risk processes into a single actionable platform, enabling healthcare organizations to: • Automate workflows for faster risk assessments. • Gain real-time insights through the RiskOps Command Center. • Identify and remediate risks quickly across the enterprise.

What are the key features of Censinet RiskOps?

• Automated Workflows: Streamlines third-party risk management and supply chain processes. • RiskOps Command Center: Provides a real-time dashboard for managing risks and AI-driven insights. • Industry Standards Integration: Leverages NIST CSF, ISO, HIPAA, and more for rapid risk data intake and analysis. • Extensive Vendor Catalog: Includes over 7,000 assessed vendors and 18,000 products and services.

What are the benefits of using Censinet RiskOps?

• Improved Efficiency: Reduces manual processes and duplication of work. • Enhanced Risk Visibility: Offers a unified view of risks across the enterprise. • Faster Remediation: Automates corrective action plans to mitigate risks quickly. • Better Outcomes: Reduces the impact of data breaches, service disruptions, and supply chain outages.

Where can I learn more about Censinet RiskOps?

Visit Censinet.com/RiskOps to explore the platform or join the webinar with Ed Gaudet and Karl West.

Unique Integrated Platform Consolidates Enterprise Risk and Operations Capabilities Across Critical Business Areas for Healthcare Organizations

Boston, MA – March 10, 2021 Censinet, the leading collaborative risk network for healthcare organizations (HCOs), today announced Censinet RiskOpsTM, the first and only cloud-based integrated platform that consolidates enterprise risk management and operations capabilities across critical business areas: Clinical, Regulatory, Cybersecurity, Research, and Supply Chain. This new product offering builds upon the Company’s foundational success with third-party risk management (TPRM) for healthcare and transforms enterprise risk by making data and insight actionable.

“Today, risk is siloed throughout a health system, managed using disparate data across different teams with manual processes and non-integrated tools,” said Ed Gaudet, CEO and founder of Censinet. “To significantly reduce the occurrence of risks or the impact of incidents, we must integrate and operationalize risk across the enterprise. By consolidating risk into a unified, actionable view, healthcare organizations can identify risk accurately and remediate it quickly.”

Censinet RiskOps enables departments to come together as a single, cohesive team that responds faster and more effectively to risks affecting business operations, care delivery, and patient safety. Business and clinical leaders benefit from efficient procurement processes, effective contracting, fewer post-purchase problems, and elimination of costly duplication and rework. Risk owners achieve maximum visibility across the lifecycle of processes, suppliers, and products, resulting in better enterprise performance.

“Censinet RiskOps enables us to automate and streamline our IT cybersecurity, third-party vendor, and supply chain risk programs in one place,” said Aaron Miri, Chief Information Officer for Dell Medical School and UT Health Austin. “Censinet enables our remote teams to quickly and efficiently coordinate IT risk operations across our health system.”

Purpose-built for Healthcare and available now, Censinet RiskOps is an integrated platform of services delivered on a cloud-based exchange and available through both a state-of-the-art user experience and an open application programming interface (API). Censinet RiskOps extends its pre-built, automated workflows for third-party risk management and turns risk data into actionable insights. By leveraging industry standards and best practices, Censinet reduces risk and drives productivity gains across a networked community of clinical and business process owners, suppliers, affiliates, researchers, and other strategic partners. The RiskOps Command Center is the core of the Censinet platform. It provides a real-time operations dashboard for managing enterprise risk, and an intelligent workflow and analysis engine to deliver AI-driven evidence analysis, predictive modeling, crowdsourced intelligence, and peer benchmarking. Platform data collection services leverage important industry standards (NIST CSF, ISO, HIPAA, and more) allowing for the rapid intake, assessment, and analysis of risk data. Censinet’s continually expanding digital catalog, with today more than 7,000 assessed vendors and 18,000 products and services, drives unmatched productivity in third-party cybersecurity and supply chain risk workflows. Automated risk ratings and corrective action plan generation streamline the identification and remediation of risks across several pre-built risk workflows which support clinical and business use cases.

In addition to orchestration of actionable insights, the Censinet RiskOps command center enables IT, supply chain, business and clinical leaders to quickly visualize issues and take action on the risk to any process, resource, product, or technology under management across 400,000 unique data points. Using Censinet RiskOps, an IT risk analyst can respond to the CISO’s request to see all vendors and products with access to protected health information (PHI) but without an active Business Associate Agreement (BAA) in just a few seconds. Censinet RiskOps also empowers the organization to find risks sooner. This rapid identification delivers the following benefits: ensures better contracting terms, coverages, and remediation obligations; reduces the impact of a data breach or other incidents; enables rapid and complete recovery from a service disruption or supply chain outage.

Censinet RiskOps is available now. For more information on how healthcare organizations can reduce and avoid the impact of risk, please visit: censinet.com/RiskOps or join Ed Gaudet and Karl West, former Intermountain Healthcare CISO, as they discuss RiskOps: censinet.com/RiskOps-webinar.

About Censinet

Censinet enables healthcare organizations to take risk out of their business with Censinet RiskOpsTM, the first and only cloud-based exchange that integrates and consolidates enterprise risk management and operations capabilities across critical clinical and business areas. Censinet transforms healthcare risk by increasing productivity and operational effectiveness while eliminating risks to care delivery, data privacy, and patient safety. Censinet is based in Boston, MA, and can be found at censinet.com

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Contact:

Rob Ciampa
Censinet
(617) 286-6785
rciampa@censinet.com

Key Points:

What is Censinet RiskOps?

  • Censinet RiskOps is the first and only BOLD 'cloud-based integrated platform' designed to consolidate enterprise risk management and operations for healthcare organizations (HCOs).
  • It unifies critical business areas such as clinical, regulatory, cybersecurity, research, and supply chain, enabling healthcare organizations to manage risks more effectively and efficiently.

How does Censinet RiskOps transform risk management in healthcare?

  • Unified Risk Management: Censinet RiskOps eliminates siloed risk processes by consolidating them into a single, actionable platform.
  • Automation: The platform automates workflows for third-party risk management, supply chain risk, and more, significantly reducing manual effort and duplication of work.
  • Actionable Insights: The RiskOps Command Center provides real-time dashboards, AI-driven analysis, and predictive modeling to help organizations identify and remediate risks faster.

What are the key features of Censinet RiskOps?

  1. RiskOps Command Center:
    1. A real-time operations dashboard for managing enterprise risk.
    2. Includes AI-driven evidence analysis, predictive modeling, and peer benchmarking.
    3. Automated Workflows:
    4. Streamlines third-party risk management, supply chain processes, and other workflows.
    5. Supports rapid intake, assessment, and analysis of risk data using industry standards like NIST CSF, ISO, and HIPAA 3.
  2. Extensive Vendor Catalog:
    1. Includes over 7,000 assessed vendors and 18,000 products and services, enabling unmatched productivity in risk workflows.
      NBb Seamless Integration:
    2. Delivered via a cloud-based exchange with an open API for easy integration into existing systems.

What are the benefits of using Censinet RiskOps?

  • Improved Efficiency: Automates manual processes, reducing time and effort for risk assessments.
  • Enhanced Visibility: Provides a unified view of risks across the enterprise, enabling faster and more informed decision-making.
  • Faster Remediation: Automates corrective action plans to mitigate risks quickly.
  • Better Outcomes: Reduces the impact of data breaches, service disruptions, and supply chain outages.

How does Censinet RiskOps support healthcare organizations?

  • Collaboration Across Teams: Enables departments like IT, supply chain, and clinical teams to work together as a cohesive unit to address risks.
  • Real-Time Insights: The platform allows healthcare leaders to visualize issues and take action on risks affecting business operations, care delivery, and patient safety.
  • Scalable Solutions: Supports healthcare organizations of all sizes, from single hospitals to large integrated health networks.

What makes Censinet RiskOps unique in the healthcare industry?

  • Purpose-Built for Healthcare: Unlike generic risk management tools, Censinet RiskOps is specifically designed to address the unique challenges of healthcare organizations.
  • Cloud-Based Risk Exchange: Facilitates seamless and secure sharing of cybersecurity and risk data across a collaborative network of healthcare delivery organizations and vendors.
  • Comprehensive Risk Coverage: Consolidates risk management across multiple areas, including cybersecurity, supply chain, and regulatory compliance.

What are the key use cases for Censinet RiskOps?

  • Third-Party Risk Management: Automates vendor risk assessments and streamlines workflows.
  • Supply Chain Risk: Identifies and mitigates risks in the procurement process.
  • Cybersecurity: Provides real-time insights to protect patient data and ensure compliance with standards like HIPAA.
  • Enterprise Risk Reporting: Enables healthcare leaders to report on risks to boards and stakeholders with ease.

Where can I learn more about Censinet RiskOps?

  • Visit Censinet.com/RiskOps to explore the platform and its features.
  • Join the webinar with Ed Gaudet and Karl West to learn more about how Censinet RiskOps is transforming

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