This year's HIPAA settlements ran the monetary gamut and included the first ever fine levied due to untimely breach reporting. Here's an overview.
While 2016 saw a dramatic uptick in the number of HIPAA-related settlements doled out by the U.S. Department of Health and Human Services (HHS) - including the largest settlement to-date - there were fewer cases overall in 2017. Despite this, the first ever settlement related to untimely reporting of a breach was issued this year and more than half of the fines landed in the multimillion dollar range, indicating that the improper disclosure of patients' protected health information (PHI) and electronic PHI (ePHI) remains a prominent and costly issue. Â Here are the details surrounding a few of the worst HIPAA-related settlements of 2017.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
How to reduce surprise billing in your practice
November 15th 2021Physicians Practice® spoke with Kristina Hutson, a product line developer at Availity, about surprise billing events in independent healthcare practices and what owners and administrators can do to reduce the likelihood of their occurrence.