Blog TPRM
TPRM is Broken: Healthcare’s Unsustainable Approach to Third-Party Vendor Risk Management
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The Ultimate TPRM & Cyber Risk Glossary
When in doubt, use an acronym.
Whether you’re a seasoned healthcare CISO or you’re new to the industry and convinced people are just making up acronyms—this glossary has you covered. From standard industry frameworks to CORL-specific terms, it’s your Rosetta Stone for healthcare TPRM, cyber risk, and compliance.
Understanding CORL Cleared™
CORL Cleared™ is our way of transforming broken TPRM processes. Built upon real input from healthcare payors, providers, and vendors, CORL Cleared™ is a risk-aligned methodology that aligns healthcare organizations and their vendors around a series of key risk indicators.
To achieve CORL Cleared™ status, vendors provide evidence of their cybersecurity hygiene through key artifacts such as third-party certifications (e.g., SOC 2, HITRUST) and penetration test results. This certification streamlines the contracting process by proving that a vendor has strong security controls in place and significantly reduces the need for repetitive assessments.
By becoming CORL Cleared™, vendors can radically reduce the volume of security assessments they must complete and streamline the healthcare contracting process. At the same time, healthcare payors and providers gain robust pre-assessment insight to inform their contracting decisions and strengthen trust with vendors. CORL Cleared™ empowers payors, providers, and vendors to benefit from more efficient contracting, less operational burden, and reduced cybersecurity risk.