Why is HIPAA Compliance so important for the Healthcare Industry?
The Health Insurance Portability Accountability Act (HIPAA) is the standard all healthcare providers use and it’s safe to say it’s not going anywhere soon.
HIPAA compliance allows you to ensure privacy, reduce fraudulent activity, improve data systems and save providers billions of dollars each year.
However, for all its benefits, HIPAA is incredibly difficult to keep up with as regulations and standards change frequently. Because things change so frequently, it can be fairly easy to find yourself out of compliance, and all in the blink of an eye and it’s incredibly easy to make a mistake.
Being out of compliance can cost you a fortune too. Penalties for noncompliance are based on the level of negligence. They can range from $100 to $50,000 per violation (or per record).
In 2014, Concentra Health Services, a subsidiary of Humana was made to pay nearly $2 million to the Office of Civil Rights (OCR) after an un-encrypted laptop was stollen from a physical therapy location in Missouri. Had that laptop been encrypted properly (and Concentra knew that their hardware was not) the hefty fine would have been completely avoidable.
How Security7 Networks can help the Healthcare Industry stay HIPAA Compliant:
To safeguard your HIPAA assets, your organization needs a to develop a written corporate IT security policy that defines how IT assets are to be protected, expected employee behaviors, and the consequences of violations.
The experts at Security7 Networks can help you do that. There are seven key steps we take to help ensure you are PHI Compliant at all times. They are:
The first step in the process is to perform an audit. Using a trusted 3rd party auditing firm, your IT assets and business processes will be examined and any toxic data collection points will be identified.
While the audit is being performed Security7’s experts will use established compliance standards to prepare a response plan. After the audit results are in and the response plan has been created, we’ll analyze the results to discover any potential problems that may already exist and prioritize remediation based on risk.
Our experts will implement controls and solutions developed specifically to keep you compliant. After implementation we’ll give the solution another pass to identify and risks or problems that may have arisen and we’ll remediate them.
Finally, you’ll be able to generate reports and respond to compliance related enquiries and demonstrate that you are up to date with current compliance standards.