A few weeks ago, members of The Valletta Group attended the Healthcare Business Management Association’s (HBMA) Annual Compliance Symposium in Washington D.C. The event featured highly-informative lectures from various experts in the healthcare industry.
Compliance is a rather broad subject. Quite simply, it is the act of abiding by the governing rules and regulations of a particular industry. However, in the revenue cycle management (RCM) industry, certain aspects of compliance command much greater attention. At the forefront of most RCM insiders’ minds is the Healthcare Insurance Portability and Accountability Act (HIPAA) and more specifically, the privacy and security sections of Title II.
Gilbert Johnston, Jeff Bolar, and Cal LaGroue of The Valletta Group enjoying the view from the Senate majority leader’s private balcony.
While most professional industries have privacy rules, the standards in the healthcare and RCM industries put most other fields to shame. In fact, it’s hard to think of another field where such broad and basic information is protected so strictly. For example, digital copyright law is comparatively lenient and forgiving. If copyrighted information is shared online without the owner’s consent, the host escapes liability as long as a reasonable process exists for notification and removal of such content. In other words, accidents are allowed.
In the healthcare industry, the law is much stricter. Physicians don’t escape liability due to negligence or mistake. Providers face harsh fines and even jail time for failing to comply with HIPAA regulations. That’s why The Valletta Group takes compliance so seriously. We have numerous procedures in place to ensure not only that HIPAA and HITECH regulations are met, but that our clients’ data is always secure.
Below are some of the steps we take to protect our clients:
For reference, Protected Health Information (PHI) includes:
To learn more about The Valletta Group’s compliance procedures, call us at (888) 874-7084 or contact us through our website.