In situations such as these, compliance often falls to the wayside. Achieving and maintaining HIPAA compliance seems like such a huge undertaking when you have other considerations to worry about.
Hospital Staffing Shortages
Due to the working conditions during the height of the COVID pandemic, an unprecedented number of nurses have retired early. As a result, many hospitals hired temporary employees from staffing agencies, at triple the cost of a regular employee’s salary. So far, staffing shortages since the pandemic have cost hospitals an estimated $24 billion to mitigate.
This does not look to be a trend that will end anytime soon. Mercer predicts that by 2026, U.S. hospitals will be short staffed by 3.2 million healthcare workers.
Hospital HIPAA Compliance
As a hospital you are likely looking to cut costs. That doesn’t mean you should ignore your HIPAA requirements. The cost of noncompliance is extremely high, especially when a noncompliant organization is breached, which can lead to remediation costs, reputational damage, and HIPAA fines.
Rather than throwing caution to the wind, you should consider using a HIPAA compliance software solution. By using a software solution to become HIPAA compliant, you drastically reduce the amount of time and money spent on implementing a HIPAA compliance program.