Compliance-As-A-Service For Managed Service Providers

Protected Health Information (PHI), is a serious matter. Any company, organization, or individual who works with these records in any way must not only stay up-to-date with any changes to the Health Insurance Portability and Accountability Act of 1996 (HIPAA) but also ensure they are compliant with every aspect of the federal law. 

This is a difficult task. However, if an organization fails to comply with the rules it could lead to serious reputational damage and financial loss. 

The U.S. The Department of Health and Human Services Office for Civil Rights, which investigates label abidance complaints and conducts compliance reviews, can impose civil and monetary penalties of up to $1.5 million on individuals and organizations that do not comply with the rules. Violations can lead to criminal charges in extreme cases.

One common misconception in electronic health records management is that a Security Risk Assessment will suffice to make an organization fully HIPAA-compliant. According to HHS statistics, this is not true. HHS states that 70% of the market doesn't meet HIPAA compliance requirements. 

Since 2005, Compliancy Group has been meeting the compliance needs of small and medium-sized businesses as the premier provider of compliance solutions. By offering a unique service with flexible partner options, Compliancy Group enables MSPs to provide the benefits of Compliance-as-a-Service without incurring any additional expense or resources to do so. 

Compliance is like shooting at a moving target. The regulations within HIPAA change constantly. MSPs can help their clients with compliance problems by being confident in their compliance and retaining their existing clients.