Company Performance Metrics
HIPAA stands for the Health Insurance Portability and Accountability Act (HIPAA). It is commonly misspelled as “HIPPA” when individuals have not taken training or completed HIPAA compliance initiative. It is a federal law passed in 1996 as an attempt at incremental healthcare reform. It was revised in 2009 with the ARRA/HITECH Act, meaningful
use, in 2013 with the Omnibus Rule and additional minor changes.
HIPAA regulation’s goal is to reform the healthcare and Insurance industries by reducing paperwork & costs, simplifying administrative processes, burdens and improving the privacy and security of patients’ information with easy accessibility of their records. Enforcement rule and breach notification rule has lead to fines and penalties due to a violation of rules.
