HIPAA is the acronym for the Health Insurance Portability and Accountability Act signed into law on August 21, 1996, Public Law 104-191. This law impacted all areas of the healthcare industry and was designed to provide insurance portability, improve the efficiency of healthcare by standardizing the exchange of administrative and financial data, and protect the privacy, confidentiality, and security of healthcare information.
The Office of Civil Rights Division of the U.S. Department of Health and Human Services has been given enforcement responsibility for HIPAA. Violations of HIPAA standards carry stiff fines and criminal penalties – including imprisonment.