hippa
Overview
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is designed to protect the electronic protected health information (ePHI) of customers and ensure that the information is stored, accessed, transferred, and processed in ways that do not allow it fall into the wrong hands. For companies operating in the healthcare industry, HIPAA compliance is absolutely vital because of the sensitive nature of health information and the steep punishments for being found non-compliant.
Do you need HIPPA Compliance?
HIPAA regulations extend to many organizations, some may not even work with sensitive patient information directly. By taking charge of their security and compliance responsibility, we let the following businesses focus on their core work and make much-needed advances in the healthcare industry.
- Healthcare Organizations
- Healthcare Software product companies
- Medical device manufactures
- Pharmaceutical Companies
Services We Offer
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Readiness Review
We determine how ready your organization is to comply with existing regulations, including reviewing documentation, interviewing selected managers and making general observations.
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Compliance Assessment
This review includes an in-depth review and analysis of policies, procedures and documentation; interviews with staff; and testing existing processes and controls.
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Risk Assessment
We efficiently perform an accurate, thorough analysis, recording potential risks and vulnerabilities to the confidentiality, integrity and availability of protected health information and associated assets.
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HIPPA Gap Assessment
Our team will develop an assessment specific to your unique HIPAA program and challenges. We provide an overview of any major concerns and outline steps to address any vulnerabilities or weaknesses.
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Policy and Procedure Review
We assist you in adding to or updating your HIPAA policies and procedures based on findings of a readiness review or compliance assessment. Our experienced consultants can also assist in developing and implementing these policies and procedures.
Benefits of HIPPA Compliance
- Trust – Organizations that are HIPAA compliant are more trusted. This is because patients, prospective patients, clients, and prospective clients are confident that you take protecting their sensitive data seriously. Protected health information (PHI) is one of the most vulnerable and highly sought after sets of data. When you are HIPAA compliant, you must implement safeguards to ensure the confidentiality, integrity, and availability of PHI. As such, HIPAA compliant organizations are more secure and more trusted.
- Loyalty – One of the main benefits of HIPAA compliance is increased patient/client loyalty. With trust comes loyalty; when a patient/client knows they can trust your organization, they are more likely to continue to utilize your organization for their needs.
- Profitability – When you retain more patients/clients due to loyalty, the profitability of your organization increases. Retaining existing patients/clients means that your recurring revenue increases, so your organization needs less new business to be profitable.
- Differentiation – It has never been more important to differentiate your business from your competitors. An excellent way to do so is by working with Compliancy Group to manage your HIPAA compliance program. Upon completion of our process, clients receive our Seal of ComplianceTM (SOC). The HIPAA Seal of Compliance can be displayed on your website and in your email signature, displaying your dedication to compliance to your visitors.