Stop Costly HIPAA Risks Protect Your Practice Now
You know that protecting your practice from costly HIPAA violations is critical, so why not browse options and see these potential solutions that can safeguard your business effectively?
Understanding HIPAA and Its Importance
The Health Insurance Portability and Accountability Act (HIPAA) is a crucial piece of legislation that ensures the protection of patient information. Compliance with HIPAA is not only a legal obligation but also a moral one, as it safeguards sensitive health data from unauthorized access and breaches. Healthcare providers, insurers, and other entities dealing with protected health information (PHI) must adhere to HIPAA regulations to avoid severe penalties, which can range from $100 to $50,000 per violation, with a maximum annual penalty of $1.5 million1.