Honestly, no. Worse Case Scenario: The disk is in failure stages according to the message. Trying PC Reset then going to HP to look for drivers for your unit may help. Then again, it may be delaying the inevitable.
Next to Worse Case Scenario: Bios may need an update
Question: When you upgraded to Windows 8 did you perform a fresh install of Windows 7, update everything then upgrade? A fresh install before the upgrade would be better since prior issues with Windows would be wiped out.
Smitty As a responsible member of the community, please do mark a post as answer if it has resolved the issue you're experiencing. Thank you.