The cost of HIPAA to an independent physician
  • Physician Dispensing

    Physician Dispensing is one of the easiest ways to generate ancillary revenue for your practice!

    read more
  • Cash and Carry Dispensing

    Cash & Carry Dispensing involves no insurance processing.

    read more
  • Workers Compensation

    Worker’s Compensation Dispensing is fast and convenient for the patients!

    read more
  • Commercial Claims Processing

    Learn how to electronically process pharmacy claims directly with payers!

    read more
  • Dispensing Software

    Physician Dispensing Software Manages Inventory and Helps You Stay Compliant

    read more

Rising Costs of HIPAA

Staying compliant in an ever-changing digital world is a constant struggle for medical offices. The office of Civil Rights performs healthcare audits and fines practices for HIPAA violations.  Fines for violations can range from $100 to $50,000 capping at $1.5 million annually. Unfortunately, fines are not the only potential cost the practice can face. HIPAA violations can also cost the practice public trust and loss of patients.

Many HIPAA breaches are the result of employee theft and carelessness, which put smaller practices more at risk. It is becoming increasingly difficult for offices to regulate and monitor communication activity with the popularity of mobile devices. HIPAA violations can easily occur without the practice even realizing it.

Social media is also a threat to patient security. Employees at the practice taking selfies with patients in the background, or accidentally capturing a patient chart in a photo may violate patient confidentiality. Physician offices must update a security risk analysis and social media is a major reason why practices fail meaningful use audits.

Implementing security risk analysis and training for HIPAA safeguards take time, money, and energy. The revenue generated from ancillary programs, like physician dispensing, will allow practices to hire staff tasked specifically to oversee projects and procedures described above.

Register and learn how ancillary revenue can help reduce technology costs of staying HIPAA compliant.

Written by admin

No Comments Yet.

Leave a Reply

Message