The ground-breaking HIPAA law influenced the development of the modern healthcare sector. Despite the significance of HIPAA, many Americans are unaware of its advantages for patients. So what exactly is HIPAA law?
Fortunately, Billnets' medical professionals are available to provide you with all the information you require regarding HIPAA and its implications for the medical sector.
One of Florida's top providers of medical billing services is Billnets. With years of experience in medical billing, our staff can boost your practice's productivity, organization, and more, enabling it to achieve amazing new heights. Billnet is available to you whether you want to study the main reasons of physician burnout or you need to improve your claim processing.
HIPAA Law: What Is It?
The Health Insurance Portability and Accountability Act, or HIPAA, was created after Congress approved the legislation in 1996. The law mandated that the medical sector put in place a number of security measures to preserve patient privacy and stop clinicians from disclosing personally identifiable health information without their patients' permission. Additionally, it aims to
1. Talk about insurance for unemployed people
2. Combat medical fraud
3. Enhance administrative simplification; 4. Protect sensitive health information (PHI)
5. Make medical offices more effective
6. Adopt electronic records in clinics
The HIPAA law's penalties often catch people off guard when they inquire about it. HIPAA has severe penalties for those who break the ground-breaking law.
For continued employment in the medical sector, HIPAA compliance is required for all healthcare organizations. Failure to do so may result in harsh legal repercussions, which frequently involve incarceration. If found guilty of a HIPAA breach, offenders face a sentence of one to ten years in jail.
For Professional Medical Billing and Associated Services, get in touch with Billnet.
The next time someone asks you, "What is HIPAA law?" speak with Billnet. Our medical billing services help boost your practice's overall organization while increasing its productivity. At a price that practically any healthcare professional can afford, we can elevate your clinic to new heights.