Infographics TPRM
Top 10 Third-Party Risk Management (TPRM) Predictions for 2024
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Third-party risk management
Comprehensive TPRM support from a healthcare-specialized partner.
Simplify vendor risk management and measurably reduce risk in your vendor ecosystem.
Scale your vendor risk assessments, understand and mitigate risk throughout your vendor community, and make confident contracting decisions with CORL’s service-centered TPRM solution.
Here’s what sets us apart:
Ramp up quickly
Rapidly put CORL’s dynamic technology and healthcare-specialized team to work, whether you’re just forming your TPRM program or optimizing a program that does hundreds of assessments a year.
Innovate faster
Streamline the vendor risk assessment process without compromising rigor by focusing on real indicators of risk—empowering you to onboard new vendors rapidly and at scale.
Deepen insight
Gain risk visibility across your entire vendor landscape using healthcare’s largest proprietary data asset, then focus vendor risk assessments on areas that represent the impact to your organization.
Contract confidently
Choose vendors that are confirmed for safe contracting using the CORL Cleared Vendor Directory and flexible GRC integrations.
Here’s how CORL can help your healthcare organization solve for vendor risk:
Manage third-party risk assessments all in one place.
Maintain a centralized view of completed and in-progress vendor risk assessments so that you know where your vendors stand.
Integrate with your existing TPRM tools and solutions.
Integrate CORL’s solution with your existing GRCs and scorecards for a more cohesive and comprehensive view of vendor risk.
Validate vendor risk management results.
Increase confidence in vendor risk assessment submissions through our intelligent data reuse and managed services for response validation.
Move away from vendor risk assessments.
Shift from lengthy assessments to a succinct set of key risk controls with CORL Cleared, so that you can evaluate risk faster and more meaningfully while working to end the security risk assessment.
Helpful insights on healthcare TPRM
Blog TPRM
2023 State of Healthcare Third-Party Cyber Risk Management
Read Third-Party Risk Management11 Minute Read
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We answer the third-party risk management questions that really matter.
I’m just forming my TPRM program. Can CORL help me?
CORL can meet you where you are in your TPRM journey—whether a small regional provider that’s just getting started or a large health system looking to accelerate and scale vendor risk management.
For smaller healthcare organizations that are new to TPRM, we combine deep healthcare-specific expertise to guide and optimize program development with a service-centered solution designed to support and scale with you at every stage of the journey.
What if I already have solutions to score vendors based on risk?
Tools like GRCs and scorecards are highly useful in evaluating vendor risk, but these measures are unable to measurably reduce risk on their own. To truly manage and mitigate third-party risk, healthcare organizations require a powerful combination of technology and hands-on support that enables them to fully understand their vendor risk landscape, prioritize their efforts based on business impact, validate responses, and work with vendors to define a mutual pathway to risk reduction.
Because GRCs and scorecards are an important and useful part of the TPRM landscape, CORL integrates seamlessly and flexibly with these solutions to deliver a comprehensive view of risk. In fact, we present GRC ratings alongside other risk indicators to provide you with the most objective and accurate assessment of risk possible.
Does CORL offer managed services for vendor risk management too?
We believe that solving the TPRM problem requires a combination of technology and human expertise, and our experienced team is available to help you as much or as little as you prefer. Whether you need occasional support with our technology, active follow up to ensure validate and complete questionnaire responses, hands-on audit services to follow up with critical or high-risk vendors, or support pursuing assurances like HITRUST and SOC 2, we are here to help.
How does CORL’s support differ from tactical staff augmentation?
CORL’s approach stems from a deep belief that addressing healthcare’s specialized cybersecurity needs demands a specialized partner. Run by former healthcare CISOs, our organization goes beyond tactically managing and scaling your third-party risk assessments. We provide strategic and hands-on support to our clients as they work to optimize their healthcare TPRM programs, clearly define key risk indicators, and adapt their vendor risk management approach in an ever-evolving threat landscape.