HIPAA Update

HIPAA Overview

The Health Insurance Portability and Accountability Act of 1996 (HIPAA), is a comprehensive set of federal legislation and regulations designed to address four major issues within the healthcare industry:

  • Improved portability of health insurance for employees;
  • Reduction of fraud and abuse;
  • Administrative simplification; and,
  • Privacy protection for health information of individuals.

By combining technology and business processes improvements, a major goal of this legislation is to improve the overall efficiency, effectiveness, and security of the healthcare system.

HIPAA Compliance at BioSignia, Inc.

BioSignia continues to support business practices that secure the privacy of all protected health information (PHI) in accordance with the mandates set forth by the Health Insurance Portability and Accountability Act. BioSignia has assigned HIPAA compliance officers who are responsible for continually reviewing and maintaining all business operations. Compliance officers are tasked with disseminating HIPAA related materials to maintain ongoing awareness and education relating to PHI.

 

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