1 7pt Centred Running Footer Text Here – Title determines Length
You may wonder what health in-
formation would be stored in an
accounting system, but many
healthcare organizations in-
clude patient names in financial
records which may subject their
accounting system to HIPAA
requirements. Make sure you
ask all vendors if their system
offers specific functionality and
assurances that your PHI data
will be protected.
Even if your organization doesn't require a HIPAA-compliant financial system today, you may need
one in the future. Sage Intacct not only has the tools in place to meet HIPAA requirements to
audit PHI data access, but is also Sword & Shield certified for HIPAA compliance. Sage Intacct
will sign a Business Associate Agreement (BAA) to formalize its commitments around HIPAA.
The penalties for non-compliance with HIPAA are steep and may even include criminal liability. To
learn more about Sage Intacct's HIPAA-compliant solution, click here to read the datasheet.
As a finance leader, you understand that moving to a new accounting system is a big undertaking.
If you are considering moving to a new accounting system now or in the future, make sure you
know the answers to these three questions.
Are You a Healthcare
Organization
Considering a New
Accounting System?
Make sure you ask these
three critical questions
Sage Intacct - Copyright 2019
A Business Associate Agree-
ment, or BAA, is the contract
you need your vendor to sign
that spells out specifically what
the vendor (the "business asso-
ciate") has been engaged to do
with the PHI and the standards
of protection for that PHI.
Be wary of any vendor that
won't agree to sign a BAA.
If you are a healthcare
organization whose financial
system must comply with
HIPAA, you need to have
confidence that PHI data in
your system is kept private and
secure and access to PHI is
tracked as required by HIPAA.
If you need HIPAA-compliant
financial systems today, it's
imperative that you understand
how compliance is established
by your vendor.
Can I store, process
or transmit protected
health information (PHI)
in the system?
Will you sign a Business
Associate Agreement
(BAA)?
What options do I have if
I need HIPAA-compliant
cloud financials?
D A T A S H E E T
