In the year 2017, the Department of Health and Human Services made over 5,000 HIPAA audits which resulted in the earnings of 56 billion dollars. The HHS is thought to only increase the number of audits under the current administration. Is your organization prepared for an inevitable HIPAA audit? The majority of organizations are not ready for this extensive audit, which can cost millions of dollars in fines.
January 28 marked Data Privacy Day 2017, an international effort to promote awareness about respecting privacy, safeguarding data, and enabling trust. While they may have been hesitant initially, healthcare organizations have started to fully embrace cloud technology. In fact, a recent survey by HIMSS Analytics found that 83% of healthcare organizations are currently using cloud-based applications. Furthermore, the cloud computing market in healthcare is expected to grow at a 20.5% compound annual growth rate to reach $9.48 billion by 2020.
There may be times when organizations in the healthcare industry need to use the services of other businesses to carry out certain functions. HIPAA regulations allow providers to disclose protected health information to these business associates. A written compliant contract between the business associate and the covered entity, known as a Business Associate Agreement, will… Continue reading Guidelines for a Compliant Business Associate Agreement
HIPAA compliance is vital in the Healthcare Industry. Beyond the hefty cost of a HIPAA violation, the irreversible damage to an organization’s reputation can be even more devastating. An escalating number of healthcare providers are turning to a Cloud Hosting Provider to take on the accountability of their compliance.
7 Requirements to look for in a HIPAA Compliant Hosting Partner
With fines ranging from $100 to $50,000 per violation it is important to frequently monitor your HIPAA compliance and keep your organization in check. There are three key reasons organizations are fined under HIPAA. The policies and procedures in place are either not enough to protect, or they are not being followed, the organization has not done a meaningful Risk Assessment and a Business Associate Agreement is not in place. When just one employee’s actions can result in a HIPAA violation, it is vital to reinforce and educate continuously.
At Crossroads, we’re always trying to stay one step ahead of our clients and their needs. By focusing our awareness on current industry trends and issues, we can more fully assess the current and future needs of those we serve. Most recently, one issue we’ve seen deals with random checks from the Department of Health… Continue reading Concerned With Compliance?