If you are about to start a healthcare company, one thing that you absolutely must do is make sure you remain in compliance. Patients have a number of privacy rights, and failing to adhere to these could lead to your company facing a large lawsuit. Not only will this cost you a lot of money, but it could also cost you your reputation.
Many people who run a healthcare company own an online master of healthcare administration in strategy and innovation. This degree teaches you everything you need to know about HIPAA and the importance of compliance. If you, yourself, do not possess this knowledge, you will want to either hire someone with an MHA degree or make sure you have a good lawyer on your side. It is not hard to follow the guidelines, but many business owners neglect to do so.
The infographic below explains everything you need to know about privacy and compliance in the healthcare industry.
The Healthcare Legal Policies and Ethics Overview infographic was created by the University of Cincinnati.