As technology advances, the risks associated with cyberattacks and data breaches have increased significantly. Be it the finance or healthcare sector, it is of utmost importance that our confidential data should remain in the right hands.
If we compare both sectors, the medical data of a person costs 12 times more than the data of a person’s credit card. This is a major reason why healthcare organizations should go for HIPAA-compliant healthcare apps.
The Health Insurance Portability and Accountability Act (HIPAA) was introduced back in 1996 and was last updated in the year 2013. This act mainly consists of four rules-
HIPAA ensures secure and standard handling as well as storage of the patient’s medical data. One of the major objectives of this act is to ensure coverage and maintenance of insurance. It also includes provisions related to taxation in medical expenses. When healthcare institutions opt for developing mHealth solutions or healthcare apps, they should emphasize HIPAA Compliant.
Original Source: All You Need to Know about HIPAA Compliant App Development
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