The most common HIPAA budgeting mistakes include underestimating the costs of certification, overlooking the need and costs of ongoing compliance and not updating budgets regularly. This in turn poses a challenge for founders to balance HIPAA certification costs with other business priorities. From preliminary prep work to audit expenses and post-audit maintenance, the costs can…
The Health Insurance Portability and Accountability Act (HIPAA) law sets standards to protect the privacy of individuals’ personal health information. It was enacted in 1996 as an effort to ensure that all healthcare providers, insurers, and other entities involved in handling Protected Health Information (PHI) take appropriate measures to keep it secure. HIPAA also safeguards…
The Health Insurance Portability and Accountability Act (HIPAA) is a federal law launched in the United States of America in 1996 to protect the PHI & ePHI of its citizens and residents from being misused and abused and prevent healthcare fraud. Becoming HIPAA compliant takes work, especially if you go the DIY route. Storing and…
2022 marked a vital year for the healthcare industry. With over 700 publicly disclosed data breaches, the healthcare industry was the most vulnerable sector to cyber-attacks and data breaches. This laid the foundation for the increased and necessary adoption of healthcare compliance frameworks like HIPAA and HITECH. With this growing urgency such incidents have created,…
Health care services that are privy to protected health information (PHI) and facility policies are legally bound to retain it in the original format throughout its lifecycle. HIPAA offers guidelines for retaining it but is often confusing and difficult to decipher. Nevertheless, HIPAA data retention laws are not to be neglected as non compliance can…
If you own a healthcare business or provide a service to one, you probably manage patient data. While easy access to patient data is crucial to optimize care services, it should not end up in the wrong hands or accidentally leak. The Health Insurance Portability and Accountability Act of 1996 (HIPAA) holds care providers and…