CORL Technologies
Streamlining Third-Party Risk Management in Healthcare

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ORL Technologies, informed by the firsthand challenges healthcare chief information security officers (CISO) and administrators face with inefficient third-party risk management (TPRM) frameworks, has emerged as the industry’s leading provider of TPRM program design, solutions, and services.

The company’s suite of solutions—CORL Cleared, CORL Incident Response, CORL Companion and CORL Insights—integrates payors, providers and vendors into a cohesive risk management ecosystem.

CORL Cleared, in particular, transforms the TPRM process for payors and providers by replacing cumbersome questionnaires and complex document exchanges with a streamlined set of essential security requirements. Healthcare organizations deal with a vast array of vendors, facing escalating third-party risks, mounting compliance demands and intense pressure to innovate. These factors complicate vendor risk management. Vendors using CORL Cleared must provide evidence of security certifications, cyber liability insurance and routine penetration testing. This platform thoroughly reviews and verifies vendor credentials to ensure compliance with stringent security standards. It not only simplifies the assessment process but enhances the accuracy of evaluating a vendor’s security posture, improving contracting decisions.

As the statistical likelihood of a healthcare breach approaches near certainty, the focus shifts from whether a third-party breach will occur to how to respond when it inevitably does. In direct response to rising threats in the healthcare industry, CORL’s Incident Response service helps payors and providers proactively prepare for a third-party data breach, enabling them to respond rapidly and decisively.

For healthcare vendors, CORL Companion offers a significant boost in TPRM workflow effectiveness through an AI-enhanced platform that automates responses to security questionnaires, reducing the time required for completion. This platform provides vendors with a clear path to confidently secure contracts by empowering them to proactively anticipate provider requirements, significantly reduce the volume of security assessments, and strengthen their security posture, expanding their healthcare business.

The security framework receives a robust enhancement through the partnership between the Health Information Trust Alliance (HITRUST) and its Results Distribution System (RDS) with CORL Technologies. This collaboration gives healthcare facilities a significant advantage by centralizing the platform for securely sharing and consuming HITRUST assessment results. Such integration simplifies vendor risk management by introducing key features like electronic delivery and reviewing these results through a secure portal and application programming interface (API). This method ensures that sensitive information is transmitted and accessed within a controlled environment, significantly enhancing security and compliance standards within healthcare operations.

Given that healthcare is one of the most highly regulated and frequently targeted industries, organizations in this sector require a comprehensive, full-lifecycle approach to cybersecurity to safeguard stakeholders both internally and externally. To support this need, CORL Technologies, through Meditology, a best-in-class cybersecurity consulting and certification firm, delivers collaborative, healthcare-specialized consulting services. These services enable healthcare CISOs to pursue certifications, identify critical areas of vulnerability, refine their cybersecurity focus and effectively manage the evolving threat landscape.

CORL Technologies’ deep understanding of the healthcare industry enables it to effectively serve payors, providers and vendors through various tailored cybersecurity initiatives, from consulting and third-party incident response to automated solutions for managing assessment volumes. This strategic simplification of the task cycle leverages extensive knowledge of healthcare risks, regulations, and requirements, fostering a client-centric approach that addresses significant challenges within U.S. healthcare contracts.