The passage of the Health Information Technology for Economic and Clinical Health (HITECH) Act and resulting modifications to the Health Insurance Portability and Accountability Act (HIPAA) now put financial institutions under the HIPAA regulations depending on the services they provide to covered entities. If financial institutions perform functions on behalf of covered entities, such as for instance providing lockbox services, that require the handling of Protected Health Information (PHI), they may be subject to the HIPAA Privacy, Security, and Breach Notification Rules, and consequently must put in place all the proper policies and procedures to meet HIPAA requirements. Such financial institutions will have significant obligations under the regulations, and significant financial and reputational liabilities in the event of a breach of privacy or security, particularly given the current vigorous enforcement and audit work now being done by the US Department of Health and Human Services Office for Civil Rights.
Join this 60-minute session presented by expert speaker Jim Sheldon-Dean who will examine the HIPAA regulations and the HITECH Act modifications and how they impact financial institutions, and will refer to guidance published in August, 2012 by a collaboration of industry organizations: the Electronic Healthcare Network Accreditation Commission (EHNAC), the Healthcare Information and Management Systems Society (HIMSS) Medical Banking Project, The Electronic Payments Association (NACHA), and the Workgroup for Electronic Data Interchange (WEDI).
Who should attend? Business managers, office managers, finance managers, privacy officers, security officers, compliance managers, risk managers, information systems directors, CFOs, and CEOs at healthcare institutions, and at financial institutions that provide services to HIPAA covered entities and other HIPAA business associates.
Jim Sheldon-Dean is a healthcare compliance and HIPAA expert in the areas of privacy and security regulatory compliance and business process analysis. He is the founder and director of compliance services at Lewis Creek Systems, LLC, a Vermont-based consulting firm founded in 1982, providing information privacy and security regulatory compliance services to a wide variety of healthcare entities. Jim is a frequent speaker regarding HIPAA...
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