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Costco's Massive Leap into Healthcare + Critical Role of The HIPAA Business Associate

VanRein Compliance Podcast

English - September 29, 2023 09:00 - 17 minutes - 11.8 MB - ★★★★★ - 10 ratings
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Ready to uncover the latest healthcare industry shake-up? Costco, the retail giant, has decided to leap into the healthcare industry with a telehealth service, and we'll be your guides through this significant transition. Riding on the wave already set by Amazon, Walmart, and Sam's Club, Costco's foray into the market promises affordable and easy-to-access virtual primary care visits, lab testing, and even virtual mental health services through Sesame, an online platform. The implications of such a move in the healthcare industry, particularly for those with high deductible plans and the uninsured, are vast and transformative.

But here's another twist - ever wondered about the vital role of the Business Associate Agreement (BA) in the realm of telehealth? Strap in as we navigate through the complex world of BA, laying bare the need for meticulous security measures, frequent risk assessments, and diligent breach reporting. We'll illustrate its importance in training and educating both covered entities and business associates, and the criticality of trust when handling precious customer and patient data. Join us, as we analyze what the Costco-Sesame partnership means in the context of BA compliance and what it implies for the healthcare industry's future. It's a conversation you won't want to miss!

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