The time to get HIPAA Compliant is now.
Many organizations realize the importance of protecting their patients’ information, but are still not HIPAA compliant. While the costs of protecting patient data may seem high, choosing not to be HIPAA compliant may result in far more serious expenses in the form of federal HIPAA fines, civil monetary penalties, state Attorney General settlements, and HIPAA lawsuits. And that’s not to mention the reputational damage associated with HIPAA violations.
What is the Penalty for a HIPAA Violation?
HIPAA violations will cost your practice.
When calculating the average HIPAA violation fine, the total comes out to $1.5 million. The federal fines for noncompliance are based on the level of perceived negligence found within your organization at the time of the HIPAA violation. These fines can range from $100 to $50,000 per violation (or per record), with a maximum penalty of $1.5 million per year for each violation.
Think You’ll Save Money by Cutting Corners on HIPAA? Think Again.
The growing risk of HIPAA fines continues to pose a major threat to health care organizations across the industry. These ongoing risks result from misconceptions about how to address federal HIPAA regulation. Unfortunately, there are no shortcuts when it comes to HIPAA. If providers want to avoid fines, they must implement an effective compliance program and abide by the HIPAA Rules.
But how do providers like you know where to begin?
GCS provides health care professionals with the tools they need to effectively address their HIPAA compliance quickly, affordably, and making it easier for your practice to become fully HIPAA compliant and avoid costly fines. Info.: 915-229-6082 www.gcsitservice.com