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Why Are HIPAA Regulations Important?

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Why Are HIPAA Regulations Important?
In 1996, Health Insurance Portability and Accountability Act (HIPAA) was signed into legislation. HIPAA provides patients with access to their medical records and gives patients more control over the handling and distribution of their personal health information (PHI). HIPAA regulations are extremely important in ensuring the privacy of PHI and helps reduce any fraudulent activity. By fully following HIPAA regulations, healthcare compliant facilities are more likely to save money by avoiding lawsuits and fines.
Facilities covered by HIPAA are required to implement safeguards (both physical and technical) to protect the confidentiality and integrity of the patient’s health information. Providers must inform patients of their HIPAA privacy and
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