The government rules and regulations shaped by the Health Insurance Portability and Accountability Act (HIPAA) are continuing to evolve, which can make compliance difficult to measure.
Agencies in charge of compliance oversight and enforcement have ramped up enforcement over time knowing it was going to take a lot of time, both to develop the rules and regulations, and to circulate them throughout the health care industry.
We have now reached the point where compliance expectations are high and oversight and enforcement is taken seriously, as evidenced by the following article from “Medicare Compliance Watch,” dated October 21, 2016:
We hear about hacking and compromised information at large organizations, yet what is the impact to small and midsize businesses (SMBs)? The article below provides insight on the impact a data breach may have on a business. In addition to citing the increasing costs of data breaches, there are a number of other factors listed which SMBs need to consider the impact of as well.
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