A business associate is an individual or entity that collaborates with a company to achieve common goals. This relationship can involve various activities, such as sharing resources, providing services, or engaging in joint ventures. Business associates can include suppliers, contractors, or partners who contribute to the overall success of a business. In many cases, business associates are governed by formal agreements that outline the terms of their collaboration. These agreements help protect the interests of all parties involved and ensure compliance with relevant regulations, such as those outlined in the Health Insurance Portability and Accountability Act (HIPAA) for healthcare-related associates.