Healthcare Economics
HIPAA, or the Health Insurance Portability and Accountability Act, is a federal law enacted in 1996 that aims to protect the privacy and security of individuals' medical information. This legislation sets national standards for the protection of health information, ensuring that patient data is kept confidential and secure. It plays a crucial role in various aspects of healthcare, influencing how organizations manage patient data and interact with key stakeholders while balancing care delivery with regulatory compliance.
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