The Health Insurance Portability and Accountability Act (HIPAA) 1996 and its regulations ensure privacy of an individual's health information. Our billing and coding team, transcription teams as well as our business affiliates comply with HIPAA regulations and the MBC HIPAA policies.
The Health Insurance Portability and Accountability Act (HIPAA) 1996 and its regulations ensure the privacy of an individual's health information as well as control the way the protected health information (PHI) is collected, maintained, utilized, and disclosed by health care providers and insurance organizations. Security and accountability of healthcare data being the key to HIPAA guidelines, it mandates adoption of national standards for electronic health care transactions and national identifiers for providers, health plans, and employers. The implementation of HIPAA standards has led to an enhanced use of electronic data interchange.
Apart from checking the waste, fraud, and abuse in healthcare delivery and insurance HIPAA aims to deescalate administrative costs, it also endeavors to augment the efficiency of health care system as well as the comprehensiveness and portability of health insurance plans. Health plans are obliged to certify their HIPAA compliance and can face serious penalties for lack of certification or non-compliance with the latest rules and regulations.
As a reputable medical billing company, MBC follows the patient information privacy and security rules very stringently. All members of our billing and coding consortium, transcription teams, as well as our workforce and business affiliates comply with HIPAA regulations and the MBC HIPAA policies.
We, at MBC ensure that our work procedures vis-à-vis all clients comply with or even exceed HIPAA guidelines and regulations and have made necessary arrangements to protect Patient Health Information (PHI). Any member of our team who deals closely with patient health information is provided training about the privacy and security procedures to be adopted to handle the patient health data. Moreover, this information is disclosed to no one except our clients who are authorized to receive this information and employees who are working on the client's account.
We are liable to ensure complete HIPAA compliance for our clients if the operations are handled by us. However, in case the client chooses to go with a local agency connected through us, the HIPAA compliance responsibility is shouldered by the local agency. We shall provide the HIPAA guidelines, but in case of a breach the local agency must be held responsible.