Safeguarding protected health information (PHI) ensures patient privacy and compliance with HIPAA, and protects against breaches. It includes best practices like encryption, access controls, data minimization, and secure disposal. These practices collectively help organizations manage risks and maintain patient trust.
PHI is any information that could be used to identify a patient, combined with information about their health or healthcare services. Examples of PHI include names, addresses, dates of birth, Social Security numbers, insurance details, medical records, lab results, and treatment information.
According to a Trustwave report, a healthcare data record may be valued at $250.15 per record on the black market. This makes PHI valuable and attractive to cybercriminals; therefore, PHI protection is more than a regulatory requirement; it maintains patient trust and the organization’s reputation.
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Here are key strategies for effectively safeguarding PHI:
See also: HIPAA Compliant Email: The Definitive Guide
The Health Insurance Portability and Accountability Act (HIPAA) establishes regulations for protecting PHI in the United States. It sets standards for data privacy, security, and breach notification, requiring healthcare organizations to implement specific safeguards to ensure PHI is protected from unauthorized access or disclosure.
Consequences can include legal penalties, fines, loss of patient trust, and damage to the organization's reputation. Additionally, affected individuals might face risks like identity theft or fraud, and the organization may incur high costs for breach remediation and recovery.