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The Health Insurance Portability and Accountability Act (HIPAA) sets the standard for sensitive patient data protection. Companies that deal with protected health information (PHI) must have physical, network, and process security measures in place and follow them to ensure HIPAA Compliance. A federal law known as the Health Insurance Portability and Accountability Act of 1996 (HIPAA) mandated the development of national standards to prevent the disclosure of sensitive patient health information without the patient's knowledge or consent.
The Health Insurance Portability and Accountability Act (HIPAA) Security Rule is required of thousands of US enterprises. A significant component of HIPAA, a piece of federal legislation that was signed into law in August 1996, is the Security Rule. The act's main goals are to improve insurance access, lessen fraud and abuse, and bring down the overall cost of healthcare in the United States. The adoption of the Health Insurance Portability and Accountability Act (HIPAA) has presented difficulties for the medical billing sector in recent years. To ensure that there is no breach of confidentiality when retaining patient records, hospitals, doctors, healthcare providers, and health plans are required to abide by the HIPAA rules and regulations. Medical providers have been asked to submit their claims electronically since 2005 in order to be paid in accordance with HIPAA.
The following types of individuals and organizations are subject to the Privacy Rule and considered covered entities:
Healthcare providers: Every healthcare provider, regardless of size of practice, who electronically transmits health information in connection with certain transactions. These transactions include:
Healthcare business organizations: Any individual or group (apart from a worker for a covered entity) who uses or discloses personally identifiable health data to carry out or provide tasks, activities, or services for a covered entity. These jobs, duties, or services consist of:
Since its inception in the BPO service sector, MF has offered a medical billing solution that is 100 percent HIPAA compliant. We have taken steps to ensure that we remain aware of HIPAA and PHI compliance, thanks to the efforts of management and the MF HIPAA committee.
The security rule safeguards the confidentiality, integrity, and availability of electronic protected health information (ePHI) when it is stored, maintained, or transmitted. In accordance with the security Rule, policies, procedures, and practices must contain safeguards to prevent unauthorized access to ePHI that is being sent over an electronic communications network, such as the internet. The main factor that led to the development of HIPAA and OIG compliance is data security. We make sure that in an outsourcing arrangement, data security and confidentiality are given equal weight to the project itself. Confidentiality agreements, secure systems, compliance training, and all other important HIPAA regulations-related topics are all covered by us.
HIPAA was created to guarantee the confidentiality of patient PHI, and its safeguards are meant to assist healthcare companies in taking the appropriate steps to protect patient data. Although achieving HIPAA compliance may seem like a difficult endeavor, using a step-by-step strategy and a compliance checklist enabling us to accomplish it thoroughly.
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MF provides best of the virtual assistance solution for any organizational requirement. If you are interested to outsource your front desk VA service to MF please send us an inquiry and we’ll get back to you with apt solution.
