HIPAA Compliance
HIPAA compliance is a priority for all healthcare entities. HIPAA laws exist to maintain the integrity of all healthcare services by protecting patient privacy. As such, the consequences of HIPAA violations can debilitate a healthcare business for many years. Some entities never recover from the financial burden and the erosion of public trust that result from a HIPAA breach.
The penalties for noncompliance are based on the level of negligence and can range from $100 to $50,000 per violation (or per record), with a maximum penalty of $1.5 million per year for violations of an identical provision. The consequences of HIPAA violations are also retroactive, so a provider may have to pay for years of infractions.
As the number of patients and the amount of negligence increase, so do the fines. The lowest fines start with a breach where a provider didn’t know and, by exercising reasonable diligence, would not have known that they violated a provision. Higher fines can occur when a breach is due to negligence and not corrected in 30 days, for example.
Consolidated Compliance can help you meet these modern challenges head-on. Our process begins with a HIPAA compliance assessment, where we:
- Assess your organization’s Security Measures
- Pinpoint where your organization is Vulnerable
- Determine your Level of Risk, and
- Identify Areas of Improvement.
Our collaborative approach can also assist your organization in developing a compliance strategy, developing HIPAA-related policies and procedures, HIPAA compliance training and testing, and system benchmarking.
