April 8, 2024
It’s Monday! Here’s to the beginning of another awesome week of taking care of patients or running your business!
Today, we’re starting the week off with some reflection.
While the monetary component of fines is no laughing matter; there’s something even more important than money when it comes to violating compliance standards: eroding personal ethics.
Think about it – wouldn’t you rather be known for your integrity and trustworthiness? Not just for avoiding fines, but for doing the right thing because it’s the right thing to do?
Your character is what people remember, in business and out. Make it one you’re proud of!
HIPAA: Much More Than a Law
Many take an oath when you join the medical field as a healthcare worker. This oath details a core principle: first, do no harm.
Now, securing a patient’s data might not be the first thing someone thinks of as protecting a patient, but in today’s digital age, safeguarding their data is equally crucial.
Let’s face it, seeking medical help often involves sharing deeply personal and sometimes scary details about our health. HIPAA empowers patients by creating a safe space for these conversations, so the last thing a healthcare worker wants to do is erode their trust with non-compliance.
With technological advancements, a data breach really can put a patient at risk.
A data breach can expose a patient’s most sensitive information – name, address, social security number, medical history. This can make them vulnerable to identity theft, targeted scams, and more.
Unfortunately, Protected Health Information (PHI) is at the top of the list for malicious hackers to expose. The value of a health record can be worth as much as $1,000 on the dark web!
It’s up to your practice or business to keep patients’ information safe.
We’ve seen the repercussions of a violation, not only with the hefty fines but with the years of corrective measures and monitoring a practice or business has to go through.
A Corrective Action Plan (CAP) from the OCR can be a major blow to an organization’s reputation.
Not only does it expose past non-compliance to patients, but also includes years of close monitoring to ensure a practice or business doesn’t stray off the compliance path. And who wants to be grounded for years?
How Abyde Can Help
We’re all a patient somewhere! Wouldn’t you want your doctor to take every precaution to keep your information safe?
Abyde is a software solution that makes HIPAA easy for your practice or business. We take the complexities of compliance and turn them into a cloud-based solution, with numerous resources all-in-one. The Security Risk Analysis, training, dynamically generated policies and procedures, and much more are all within the software, ensuring you’re on track for compliance.
Compliance is so much more than avoiding fines, it’s making sure that every patient you interact with feels safe and secure. To learn more about compliance for your organization, schedule a consultation here for Covered Entities and here for Business Associates.