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Oct
06

HIPAA Summit West: $1 per day per member for HIPAA violations

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Stanley Nachimson talked about cost of HIPAA violations today.

The principal of Nachimson Advisors, LLC,  and director of the WEDI-NCHICA Timeline Project used a health plan as an example. He said for a small health plan of 100,000 members, the cost of not complying with HIPAA will be $1 per member per day.

So, $100,000 per day for multiple days.

Nachimson is the author of “Impact of ICD-10 on Providers,” and is a former senior advisor to CMS.

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