An estimated 32.8 million hours of interaction will be required by the healthcare industry to comply with the privacy and security rules of the Health Insurance Portability and Accountability Act (HIPAA), of which 619,000 hours are considered a "new burden" associated with the HIPAA omnibus final rule published by the The U.S. Department of Health and Human Services (HHS) Office for Civil Rights in September of this year.
According to the data published in the Federal Register, it is estimated that 350,000 hours will be spent by 300,000 healthcare organizations to comply with the requirement for "Documentation of Security Rule Policies and Procedures and Administrative Safeguards" for business associates, a new requirement put forth by the omnibus final rule.
While laying out new business association requirements puts forth additional time for the upcoming year, it is estimated that over 30.7 million hours will be spent annually complying with HIPAA by healthcare providers and patients for the dissemination to patients and their acknowledgement of HIPAA notices of privacy practices for protected information. That's a lot of time.
If you are a healthcare organization looking for ways to comply with HIPAA regulations, learn more about our solutions here.