Video: Health Insurance Portability and Accountability Act (HIPAA)

In this lesson, Nick Palazzolo, CPA, dives into the essentials of the Health Insurance Portability and Accountability Act (HIPAA), elucidating its critical role in protecting sensitive patient health information. Nick provides a comprehensive breakdown of the HIPAA rules, including the privacy and security rules, and clarifies the obligations and permitted actions of covered entities such as healthcare providers, insurance companies, and healthcare clearinghouses. With practical examples, he explains the conditions under which personal health information may be used or disclosed, and delves into the specific administrative, physical, and technical safeguards required under the security rule to protect electronic health data. Whether discussing the necessity of PHI disclosures for treatment and healthcare operations or the process of obtaining patient consent, Nick equips you with the knowledge to navigate these regulations effectively in various professional scenarios, underscoring the importance of compliance in the accounting and auditing fields.