Data breaches cost hospitals $6B annually
HIM Connection, November 30, 2010
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Hospitals spend $6 billion annually because of data breaches, and federal regulations enacted under the HITECH Act have not improved the safety of patient records, research from The Ponemon Institute shows.
- Hospitals are not protecting patient data
- Hospitals admit to being vulnerable to a data breach
- Breaches of patient information are occurring frequently and often go unreported, putting patients' privacy at risk
- A small percentage of healthcare organizations rely on security technologies to prevent and detect data breach incidents
- Federal regulations—HITECH—have not improved the safety of patient records
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