HITRUST: HIPAA Breaches Near $1 Billion

Dom Nicastro reports:

Covered entities and business associates reporting breaches of unsecured personal health information (PHI) affecting 500 or more individuals to the Office for Civil Rights (OCR) together could spend nearly $1 billion because of those breaches.

According to a report from the Health Information Trust Alliance (HITRUST), 108 entities submitting the breach reports to OCR since September 23, 2009 could spend up to $834.3 million in total costs to address violations of the Health Insurance Portability and Accountability Act (HIPAA).

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