The Risks of Failing a HIPAA Audit
If your company stores, transfers, or receives protected health information, it’s imperative to make sure that you are in compliance with the Health Insurance Portability and Accountability Act (HIPAA). HIPAA requires companies that are in possession of consumers’ private health information to take the steps necessary to ensure that this information is kept private, such as using encrypted data, having an effective password policy, and having a plan in place for emergencies. Failing to secure sensitive information can leave your company vulnerable to massive fines and even criminal charges.
If you receive a notification of an HIPAA audit by the Office for Civil Rights, you will have two weeks or less to prepare. This means that your company should be prepared for the possibility of an audit at all times. Your first step toward ensuring that you are in compliance with HIPAA rules is to obtain a security risk analysis from an agency specializing in network security consulting near Annapolis. Rather than trying to do a risk analysis yourself, it’s best to rely on the services of an experienced professional to ensure that nothing is overlooked. Once you have identified any problem areas, such as lack of encryption, you can begin working to make your network secure.