The Health Insurance Portability and Accountability Act or HIPAA certification is essential to keep patients’ health information secure. This compliance also simplifies the administrative burdens and processes of the healthcare industry. But nowadays, its focus is more on privacy and security. This is because the healthcare industry now utilizes online transactions, making data vulnerable to cybercriminals.
With such, you might want to consider undergoing HIPAA training to get certified. An, when you do, you can enjoy the following benefits:
Protection Against PHI Loss
One benefit to being HIPAA-certified is the guaranteed protection against Protected Health Information (PHI) losses, which are a grave offense that happens when you willfully or otherwise put your patients and their data at risk.
As a healthcare practitioner, you’re responsible for securing PHI at all costs. Every time you’re faced with PHI, you have the option to either reveal or protect your patients’ private information, and the same applies to your coworkers. However, this may not be your forte as you’ve focused on your area of expertise.
But, with a HIPAA certification, you and your employees will be given the proper methodology required in keeping your patients’ information safe and secure. You can even choose diversity and inclusion in your training, depending on the HIPAA training provider. That way, you can choose schedule and fees on your training.
And, after the training, you can use HIPAA like a safeguard that shields your company and your employees from PHI-related lawsuits. Choosing to get a HIPAA certification signifies that you’re not only guarding your clients’ data, but also your own safety.
Earn More Trust
Another benefit is credibility; clients are more likely to trust organizations with HIPAA certification. When you’re HIPAA compliant, you’re telling your existing and prospective clients that you’re taking extra measures to protect their data.
Since there’s a rise in data breaches causing information leaks from various industries, clients are now skeptical. By being HIPAA-certified, your clients know that you’ve undergone the proper training to keep their data safe and secure. As a result, they’re more likely to do business with you.
One of the best, if not the best, benefits of having a HIPAA certification is the reassurance that you won’t be subjected to the cost of noncompliance. Usually, noncompliance is subject to corrective actions, which range from penalties to jail time. Regardless, each corrective action may cost your company a significant amount of loss; the cost associated with noncompliance may be greater than the loss of business from negative patient security.
Breaches or other data violations will incur high monetary penalties in conjunction with the cost of transferring your company up to compliance. As a consequence, noncompliance, in any way, will result in negative profitability. If you want to avoid the costs that could impede profitability, it’s best to achieve HIPAA compliance.
Employee Training Minimizes Accountability
It’s not uncommon to see healthcare providers facing multiple lawsuits, especially when patients aren’t happy with the services they’re getting.
Such types of lawsuits may not end up in favor of the complainant, but these still give authorities the chance to investigate your facility. In that case, things can end up very badly for you once the authorities found out that you haven’t provided training for your employees. That’s because not providing training for your employees is judged as plain neglect, which holds significant weight in deciding who’s in the wrong during lawsuits. But, when a healthcare facility is HIPAA-compliant, but can’t prevent the security breach, you can be charged with little to no punishment.
On the other hand, if you didn’t undergo HIPAA training, you could face a severe punishment. The notion is that you could’ve done something if you knew how to prevent security breaches, which you can learn from the training.
In a lawsuit, it’s best to limit the possible damages by proving it was an honest mistake. But, doing so will be hard without HIPAA certification. Put simply, obtaining HIPAA certification increases the chances of dodging expensive lawsuits and extreme punishment.
Doing business in the healthcare industry poses more risks because cybercriminals love to target patients’ health information. They can steal and use patients’ data to conduct malicious activities. For instance, they could rob the bank account of the patients since they know the information about the account holders. Thus, patients need to ensure that they’re receiving enough security for their PHI. One of the best ways to ensure this is to get HIPAA certification. If you haven’t got one, then it’s time to schedule your training.