HIPAA Compliance Support | Louisville, KY
The need for HIPAA compliance
The U.S. passed the Health Insurance Portability and Accountability Act (HIPAA) in 1996. In 2003 the regulations for implementing HIPAA went into effect. HIPAA compliance now costs the health-care industry $8.3 billion per year. The average physician spends about $35,000 per year in technological HIPAA compliance support.
Penalties of HIPAA compliance failure
The health-care industry views these costs as being more than justified given the penalties HIPAA imposes. Violations of HIPAA can include both civil fines and, in the case of willful violations, criminal penalties.
These fines depend on the amount of information affected by the violation and the level of culpability for the violation. Civil penalties range from $100 per violation for when it occurred despite taking reasonable measures to prevent it, to $50,000 per violation when it occurred in willful disregard of HIPAA's mandates.
Here's the basic structure of HIPAA compliance requirements:
- Privacy Under these rules, personal health information (PHI) must be safeguarded from misuse and disclosure. HIPAA also establishes a patient's rights to access PHI and correct erroneous PHI.
- Security PHI must be safeguarded from electronic and physical theft.
- Breach Notification In the event that a security breach occurs, affected patients must be notified.
The U.S. Department of Health and Human Services enforces these rules.
HIPAA Compliance support
Very few covered entities have the budget or internal resources to handle HIPAA compliance in-house. In addition, it only makes sense for covered entities to focus on medicine and let the computer experts at DEVsource focus on privacy, security, and breach notification.
We provide HIPAA compliance support and HIPAA compliance consulting services to companies in the Louisville, KY area. Our HIPAA compliance consultants can support your business in achieving and maintaining HIPAA compliance! Contact us today to learn more! Partner with us for expertise in computer security and privacy to support HIPAA compliance efforts.