Disclosure is a high-stakes game in the healthcare space. Managing a complex transaction, whether an M&A, fundraising, partnership or regulatory communication, is notoriously difficult. Even the pros who deal with these types of transactions every day face a long list of challenges.
To start with, any process must comply with stringent patient data rules – such as the Health Insurance Portability and Accountability Act (HIPAA) in the US. Handling of Personal Identifiable Information (PII) has to adhere to data privacy laws such as General Data Protection Regulation (GDPR) in the European Union (EU) and the United Kingdon (UK) or the California Privacy Rights Act (CPRA) in the United States (US).
Regulatory scrutiny, litigation, and knowledge loss from employee turnover are ever-present challenges. With resources stretched passed the breaking point, these challenges loom larger than ever before. You need to use technology to your advantage. Datasite Cloud can help.