HIPAA Compliance and Financials: What to Look for and What’s Next

When the Health Insurance Portability and Accountability Act (HIPAA) was signed into law in 1996, its purpose was to improve the portability and accountability of health insurance coverage for employees between jobs. Since then, the scope of HIPAA has grown significantly. HIPAA became a vehicle to encourage healthcare providers and other covered entities to move to electronic healthcare records and, in turn, keep that patient data secure.

Healthcare organizations take HIPAA compliance very seriously, but the inherent complexity of this law and its regulations makes maintaining compliance across all systems challenging. Let’s look at some of the hidden dangers to watch for in HIPAA compliance