The HIPAA/HITECH privacy and security rules provide a valuable framework for protecting participants’ and beneficiaries’ data.
Fulfilling your obligation to protect this information is important because of increased attacks on entities with valuable information as well as because of increased enforcement activity, through complaints, breach reports and random audits, by regulatory agencies.
The consequences of failing to comply with the rules and regulations of HIPAA/HITECH can be severe for your organization.
There is a tiered penalty structure for civil monetary penalties, based on intent behind the violation. Penalties and Resolution Agreements can result in payment of millions of dollars per year for breach of one or more standards.
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