HIPAA is health insurance portability accountability act that checks how covered entities or healthcare providers maintain health sensitive information that is saved in their systems. Regulations are terrifying for service providers, as they are unaware of key factors. What are the responsibilities of service provider while giving service to healthcare department? When audit team finds compliance issues, who is liable to pay the fines? In this article, some of the misconceptions against HIPAA and MSPs are dispelled to bring to light the reality.
Complicated HIPAA Requirements
It is often assumed that requirements are tricky and cannot be understood easily. In fact, requirements are clear-cut and anybody can access them at government website, www.healthit.gov. It is good to learn more about HIPAA by using online services; however, it is better to work under guidance of HIPAA specialized third party. Basically, they support you and discuss various HIPAA aspects to make you HIPAA compliant. Web portal with tools, checklist, and online repository is provided with many other applicable documents. There are many third parties that offer their services to resell and in the process allow you to increase your profit.
Advanced Healthcare Needs
Healthcare practices have requirements which are similar to other businesses. In reality, healthcare department differs from other kinds of businesses in two ways only. First, there is no any tolerance for downtime, as lives can be lost. Secondly, they demand latest security system for getting information, as they keep record of highly sensitive information of patients. If these two factors are put aside, healthcare department works like any other business. When mandate of HIPAA is properly understood, MSPs will get to know that the requirements are not complicated at all.
It is one of the misconceptions that IT providers do not get reward for their services in healthcare industry. In fact, HIPAA compliant service providers get many benefits. It is a profitable system and gives more opportunities to IT providers, who are able to manage HIPAA compliance.
When managed service providers have close contact with their clients, they understand what the clients’ technology demands and develop more confidence to work efficiently. MSPs get benefits as clients have confidence in their service and provide them more opportunities to get new services.
As an MSP, have you ever considered listing the benefits you will be offered in the healthcare industry if you provide HIPAA compliant solution? In your area, how many service providers are specializing in HIPAA compliance?
In healthcare industry, there are a lot of misapprehensions against HIPAA. Reality is far from misconceptions, as it is profitable path where more opportunities and more references are waiting for you. In-depth understanding of HIPAA requirements will make service provider as HIPAA compliance champions. If you become an expert and manage HIPAA, you will have dominating position and more opportunities coming your way than other MSPs.