Medical Billing and Coders Professional Liability
Date Posted: Tuesday,
October 25, 2016
Companies who regularly handle such sensitive information as patient medical records have a particular responsibility to maintain the confidentiality of the data. Failure to exercise the appropriate degree of care - whether intentional or not - can have a significant adverse financial impact on your firm.
The Federal Health Insurance Portability and Accountability Act (HIPAA) calls for stiff fines and other penalties for not complying with patient privacy regulations. Lawsuits can also be brought against your firm for breach of confidentiality.
Even if the allegations prove to be groundless, you could still incur substantial legal defense costs. Fox Point Programs is here to help!