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Contingency planning happens in advance to prepare for future incidents. Business continuity provides a temporary solution during an incident. Disaster recovery focuses on returning operations back to normal after an incident has taken place.
A business contingency plan is a backup strategy for your team or organization. It lays out how youll respond if unforeseen events knock your plans off tracklike how youll pivot if you lose a key client, or what youll do if your software service goes down for more than three hours.
Lets cover the basic contingency planning process and detail how to get yours up and running. Map out essential processes. Create a list of risks for each process. Evaluate the potential impact and likelihood of each risk. Calculate costs and contingency reserves, and identify issues to mitigate.
Data backup plan (required). This component of contingency planning requires you to establish and implement procedures to create and maintain retrievable copies of all EPHI stored in your system so that if the office data is lost, corrupted, or destroyed, it can be recovered.
A data backup plan ensures that when disaster strikes, PHI is not lost or destroyed. A viable copy of all ePHI must be created that allows exact copies of ePHI to be restored, which includes all forms of ePHI such as medical records, diagnostic images, test results, case management information, and accounting systems.

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Establish a backup plan: HIPAA requires covered entities to have a backup plan in place that enables them to maintain retrievable exact copies of electronic protected health information. MSPs must therefore ensure that any healthcare data they back up is an exact copy of the original information, and that it can be
Five steps to build a strong contingency plan Make a list of risks and prioritize them ing to likelihood and severity. Create a business impact analysis (BIA) report. Make a plan. Get buy-in from the entire organizationand be realistic about cost. Test and reassess your plans regularly.
Contingency plans are plans after initial plans for unanticipated outcomes, and fallback plans are backup plans for contingency plans. Fall back plans are important as they ensure that things happened as planned despite any hitches. Backup plans are plans made for situations where an original plan fails.

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