Business method for creating and managing multilateral contractual relationships electronically and on a large scale

摘要

Method for creating and managing multilateral contractual relationships among covered entities and business associates under a privacy standard applicable to protected health information (PHI) by assigning digital identities to the contracting parties, providing a multilateral Master Business Associate Contract (MBAC) template having non-negotiable terms requiring observation of the privacy standard with respect to the PHI data, providing a self-certification standard affidavit template enabling the contracting parties to achieve self-certification, and providing an electronic interface over the internet to facilitate negotiating and entering binding multilateral contractual agreements among the parties pursuant to the terms of the affidavits and the MBAC template.