Third-Party Risk Management
We Meet You Where You Are
Every healthcare organization is at a different point in their vendor risk journey. Some need to build the program from the ground up. Others need to run it better. Meditology does both.
We start by understanding exactly where you stand.
The Same Problems At Nearly Every Healthcare Organization
A typical health system has 3,000–5,000 vendors involved in care delivery or healthcare operations. Most assess fewer than 5% per year because many TPRM programs aren't built to operate at the scale, speed, or depth the risk actually requires.
<5%
Of vendors assessed annually
3k - 5k
Vendors associated with care delivery
75–80%
Of the TPRM challenge exists outside the assessment itself
Where Programs Break Down
Programs aren't built for volume
Operations aren't scaled to address the full vendor population — leaving the vast majority unassessed and unmonitored.
Data collection crowds out risk insight
Over-collection of vendor data slows throughput, creates friction with the business, and paradoxically produces less meaningful risk information.
Inconsistent practices across the board
GRC records show patterns of variable assessment quality, inadequate coverage, and high-risk vendors left without mitigation.
Risk scoring doesn't connect to business impact
Vendor risk findings can't be tied to delivery of care, operational dependencies, or 4th-party exposure, leaving significant blind spots.
The business isn't engaged
Lack of structured communication strategies with internal stakeholders creates friction, slows remediation, and stalls contracting.
Volume spikes overwhelm the team
Unpredictable demand driven by business trends means programs are reactive by necessity, not by choice.
Skilled capacity is the bottleneck
Finding people who combine security expertise, process rigor, and vendor engagement experience is a consistent constraint across the industry.
It Starts With A Maturity Assessment
Before we recommend anything, we assess where your TPRM program stands today: your workflows, tools, vendor inventory, governance gaps, and regulatory posture. This builds the foundation for everything that follows, and it determines exactly how we engage.
What the assessment covers:
- Current program architecture and governance — policies, frameworks, and risk tolerance documentation
- Vendor inventory and tiering state — coverage, classification, and prioritization gaps
- Assessment workflow and tool maturity — GRC integration, questionnaire practices, reporting
- Regulatory alignment — HIPAA, HITRUST, NIST, and audit readiness
We Meet You Where You Are
And Scale From There
Scaled for your full vendor population
Right-sized assessment tracks by risk tier. High-risk vendors get depth; lower-risk vendors get appropriate coverage without bottlenecking the pipeline.
Focused data collection, sharper risk insight
We assess what matters for the risk decision, not everything we can collect. Less friction, faster throughput, more actionable output.
Consistent methodology across every engagement
Standardized assessment practices, quality controls, and governance documentation reduce inconsistency and strengthen your compliance posture.
Risk reporting tied to business impact
We connect vendor risk findings to operational dependencies, care delivery implications, and 4th-party exposure.
Risk reporting tied to business impact
We connect vendor risk findings to operational dependencies, care delivery implications, and 4th-party exposure.
Business engagement built into the model
Structured communication strategies with internal stakeholders reduce friction, accelerate remediation, and keep contracting on track.
Capacity that absorbs demand spikes
Meditology's team scales to your volume, handling surges without degrading quality or creating backlog.
The right expertise, already assembled
Security knowledge, process discipline, and vendor engagement experience, without the hiring and retention burden.
A Continuous Journey, Not A One-Time Engagement
Based on your maturity assessment, we engage at the right stage and grow with you as your program matures. Most clients work across all three over time, with Meditology as their consistent partner throughout.
Program Strategy
Define your risk foundation
For organizations building or rebuilding from the ground up
Before you can manage vendor risk effectively, you need a program designed for your organization's reality — your regulatory obligations, risk appetite, vendor ecosystem, and governance structure. We work with you to design the framework, define your vendor risk tiers, align to HIPAA, HITRUST, and NIST requirements, and build the governance structures that make everything else possible.
Program Enablement
Make the program operational
For organizations ready to turn strategy into practice
Having a well-designed program means nothing if it isn't running. Program Enablement bridges the gap between strategy and execution, integrating your TPRM workflows into existing systems, configuring tools, and ensuring your team and your vendors are set up for success. We handle the GRC integration, intake process design, initial risk profiling, and the training your team needs to operate with consistency from day one.
Operational Support
Run the program continuously
For organizations who want a partner, not just a vendor
Operational Support is where the program actually runs — proactively, not reactively. Our team manages the end-to-end assessment lifecycle, drives vendor engagement, tracks remediation, and delivers governance reporting. We don't wait for you to initiate; we drive the program forward on your behalf, ensuring your full assessment capacity is utilized and your risk posture is continuously visible to the people who need to see it.
How They Work Together
Take The Guesswork Out Of Where To Begin
Let's start with a maturity assessment to understand your current state — then build from there.
What Sets Us Apart
Healthcare-exclusive focus
We serve healthcare organizations exclusively, including EHR vendors, clinical platforms, revenue cycle partners, and medical device manufacturers. Every assessment reflects the operational, regulatory, and patient safety implications unique to healthcare
Strategy and operations under one roof
We design the program and run it. The same team that builds your governance framework is the one operating your assessment pipeline. Nothing gets lost in translation
CORL Cleared Vendor Directory
Access to CORL's proprietary vendor intelligence and cleared vendor directory accelerates assessments for known vendors, reducing outreach time and improving data quality across your portfolio
GRC-native delivery
Vendor risk is embedded into your enterprise governance framework, not siloed in a procurement workflow. Our reporting feeds directly into board-level risk registers and audit documentation.
Flexible engagement models
Fully outsourced, co-managed, staff augmentation, or advisory. We operate within your structure and culture to augment your team without replacing your judgment.
HITRUST & HIPAA alignment built in
Third-party risk governance is a core component of HITRUST certification and HIPAA compliance — two of Meditology's primary practice areas. Your TPRM program supports compliance across the board.
All three services. One integrated program
For organizations ready to bring Program Strategy, Program Enablement, and Operational Support together, RITHM™ is the preferred delivery model. Rather than managing separate engagements, RITHM packages your full TPRM program into a single subscription that is designed, operationalized, and continuously run by the same team.
And because RITHM is Meditology's broader IT risk management subscription, your TPRM program sits alongside your SRAs, HITRUST certification, penetration testing, and other core security services — all under one agreement, one team, and one budget request.
Third-Party Risk Management Program Strategy, Enablement, and Operational Support delivered as a continuous, subscription-based program, not a series of one-off engagements.
Security Risk Assessments Annual SRAs integrated into your broader risk program, supported by CyberROM™ dashboards for continuous visibility into your security posture.
HITRUST & SOC 2 Certification Annual certification support delivered as part of your ongoing program so compliance readiness is maintained year-round, not scrambled for at audit time.
Penetration Testing Annual network and application penetration testing is built into the subscription to keep your defenses continuously validated.
Cybersecurity Retainer Monthly on-demand access to Meditology's cybersecurity experts who are available when issues arise, not just when an engagement is scoped.
Board & Executive Reporting Annual board presentation support and tabletop exercises, ensuring leadership has the visibility and preparedness your program requires.
Frequently Asked Questions About Third Party Risk Management
How do you determine which services we need?
It starts with a maturity assessment. We evaluate your current program state — governance, workflows, vendor inventory, tool maturity, and regulatory alignment — and use that to recommend the right combination of services. Some organizations need all three from day one. Others are already mature in one area and need targeted support in another. We don't have a standard package; we build around where you are.
Can we start with Operational Support before the strategy work is done?
Yes, and some clients do. Organizations with existing programs often need operational capacity immediately while strategic improvements are underway in parallel. We'll be transparent about the tradeoffs: operational delivery is more effective within a well-designed governance framework, and we'll build toward that even if we're executing concurrently.
Can you work within our existing GRC tools and systems?
What does 'proactive' look like in practice under Operational Support?
It means our team drives assessment velocity without waiting for client initiation. Based on your vendor tiering model and assessment calendar, we schedule outreach, track vendor responsiveness, escalate non-responders, and ensure your allotted assessment capacity is fully utilized each quarter. Regular reporting on pipeline status ensures you always know where things stand.
How does TPRM support HITRUST certification or HIPAA audit preparation?
How do you tier vendors, and how often are they reassessed?
Start With Where You Are
A maturity assessment takes the guesswork out of where to begin. Let's understand your current state — then build from there.