Practice Management Alert

Compliance:

Avoid 7-Figure HIPAA Violation Penalties

Worst-case scenarios could cripple your practice with federal fines.

If you fail to properly notify an individual of a potential Health Insurance Portability and Accountability Act (HIPAA) breach that might affect him, the monetary loss alone could be mind-boggling.

Expert input: According to Cyndee Weston, CPC, CMC, CMRS, executive director of the American Medical Billing Association (AMBA) in Davis, Ok., you can expect the following fines for the following types of HIPAA violations:


 Advice: Take all your potential HIPAA violations seriously. Even if your practice avoids heavy fines for HIPAA violations, you could suffer a dent in your integrity among patients if they discover even a single violation that your practice doesn’t responsibly address.