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Alex D'souzaManaging Editoreditor@healthcaretechoutlook.comGiven stringent federal patient privacy laws and the growing threat of cyberattacks and data breaches, healthcare organizations are investing more resources than ever on compliance. But a recent study suggests that healthcare providers have a long way to go when it comes to compliance.SAI Global's 2018 Healthcare Compliance Benchmark Report reveals that 20 percent of healthcare companies have only one full-time person handling compliance, while another 13 percent indicated the vital task is handled by a third-party worker. At the same time, the survey also found that compliance budgets are largely stagnant, with 50 percent of respondents expecting their budgets to remain the same in the coming year and another 10 percent expecting reductions. In such a scenario, hiring third-party firms that take the heavy lifting and headache out of compliance and help strengthen an organization's compliance program and protect the company from violations will make all the difference. From risk analysis and training to advisory services and penetration testing, these experts will help companies comply with HIPAA and protect their ePHI with proven, administrative, physical, and technical security procedures. They will also help build a culture of privacy and security that can withstand an OCR investigation. In this edition of Healthcare Tech Outlook, we bring you the story of Semel Consulting, which assists healthcare providers and businesses that serve them in complying with the Health Insurance Portability and Accountability Act (HIPAA). With a dual focus on state compliance laws as well as the federal requirements of HIPAA, the firm helps healthcare companies identify serious underlying issues, which they never knew existed in their organizations.Let us know your thoughts!Simplifying Healthcare Compliance EditorialManaging EditorAlex D'souzaEditorial StaffAaron PaulJoe PhillipJames SmithMark RobertVisualizerUTLOOKHealthcare Tech Copyright © 2019 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.November - 11 - 2019, volume 05 - Issue 25 Published by ValleyMedia Inc. To subscribe to HealthcareTech OutlookVisit www.healthcaretechoutlook.com UTLOOKHealthcare Tech *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffEmail:sales@healthcaretechoutlook.comeditor@healthcaretechoutlook.commarketing@healthcaretechoutlook.comPhone:510-230-0395Fax:510-894-8405Contact Us:ImmanuelJames D. PhillipsSalesRichard Gonsalves rich@healthcaretechoutlook.com
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