Transcript Slide 1

What’s The Rush?
Learn Why Now is the Time to Become HIPAA Compliant
November, 2012
Major Trends
YOU NEED TO BE AWARE OF
This past year brought major changes to the
healthcare regulations industry.
Increased data breaches in healthcare organizations.
2012
Increased crackdown on compliance.
A rush to make the switch from paper to digital
records since incentives are now being
significantly reduced.
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What is at Stake
MILLION
1.7
$1.5
$
Alaska DHSS settles case
MILLION
2012 PENALTIES
Massachusetts provider settles case
Cause: USB drive stolen from an employee’s car
Cause: stolen laptop with unencrypted data
BCBS Tennessee settles case
Cause: 57 unencrypted hard drives stolen from a leased facility
Civil penalties levied by HHS are only a fraction of the total cost
Source: http://www.hhs.gov/ocr/privacy/hipaa/enforcement/examples/index.html
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Data Breaches
2011 PONEMON STUDY
Key Research Findings
Data breaches in healthcare organizations up 32% over previous year
32%
96%
$2.2 million
96% of all healthcare providers had at least one data breach in last 2 years
Average economic impact of breach was $2.2 million
Data breach lead to:
81%
78%
75%
$113,400
–
Loss of time and productivity (81%)
–
Loss of reputation (78%)
–
Loss of patient goodwill (75%)
Average lifetime value of one lost patient = $113,400
Source: Second Annual Benchmark Study on Patient Privacy & Data Security
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Top 10 Medial Breaches
Q1 & Q2 2012
AGENCY
RECORDS LOST
Utah Department of Health *
780,000
Emory Healthcare - Atlanta
315,000
South Carolina Department of Health
228,000
Howard University Hospital – D.C.
34,503
St. Joseph Health System – Ca. *
31,800
Indiana Internal Medicine Consultants
20,000
Our Lady of the Lake Regional Medical Center – La.
17,000
Memorial Healthcare System – South Fl.
9,497
Kansas Department of Aging
100
University of Arkansas for Medical Sciences
7,000
Total records lost for just the top 10 medical breaches - 1,442,900
* Denotes loss due to hacker
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Compliance Crackdown
AUDITS & FINES
There is an urgency to digitize health information coupled with
increased concern that protected health information (PHI) meets
industry standards of security.
Compliance Audits
•
Initiated in November 2011
•
Fines & Reputation
Random selection
•
•
Increase in # of settlements
Hospitals, physician
practices, and other
healthcare entities
•
Negative publicity
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The Stimulus
TO PROMOTE THE USE OF EHR
EHR Incentives Program
It pays to get started early!
•
Initiated in 2009; participation began in 2011
To get the maximum incentive payment,
•
Incentives paid to eligible professionals,
Medicare eligible professionals must have
hospitals and CAHs
begun participation by 2012.
•
•
•
Up to $44,000 in incentives
•
Over a 5 year period
Important! For 2015 and later, Medicare
If adopt a certified Electronic Medial Record
eligible professionals, eligible hospitals, and
(EMR) approach
CAHs that do not successfully demonstrate
All EHR by 2015
meaningful use will have a payment
adjustment in their Medicare reimbursement
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EHR Incentives
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How We Can Help
HOSTWAY + STILLSECURE
Money
How much would it cost to do this myself?
Time
Can I rapidly respond to security events?
Talent
What else could my staff be doing?
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HIPAA Essential
FROM HOSTWAY
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Contact Us Today
FOR A FREE CONSULTATION
Learn More
www.hostway.com/managed-security/compliance/hipaa-compliance.php
Special Offer
Free HIPAA Security Consultation
Review of your existing environment’s security measures coupled with a
one-on-one demo of StillSecure security solutions
Contact Us
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