“Medical practitioners and their billing partners are struggling to maintain compliance standards with guidelines established by the Health Insurance Portability and Accountability Act, according to a survey by NueMD and the Daniel Brown Law Group. The Final Omnibus Ruling from HIPAA was issued in 2013, but some healthcare providers remain unaware of the policy updates this legislation brings. Currently, 36 percent of medical office professionals lack vital understanding of HIPAA’s regulations, with an additional 33 percent failing to comprehend the audit strategies that are being implemented by the U.S. Department of Health and Human Services’ Office for Civil Rights. Audits are still rolling out, and organizations that legally must remain HIPAA compliant are opening themselves up to massive fines. The maximum HIPAA fines have increased to $50,000 per violation, capping at $1.5 million. To protect patient information and avoid financial fines, medical practices need to ensure their security measures and employees are up-to-date on HIPAA’s changes.”
Pryv is HIPAA privacy & security compliant and under certification with ISO 27001. The platform’s unique decentralized design makes it easy to comply with multiple healthcare legislations and policies.