How do HIPAA laws and regulations relate to healthcare compliance?

HIPAA laws and regulations are important for healthcare compliance as they establish standards for the protection and security of sensitive patient information, ensuring the confidentiality, integrity, and availability of electronic health records, thereby safeguarding patient privacy and promoting the responsible handling of healthcare data by healthcare providers, health plans, and other entities within the healthcare ecosystem. The Health Insurance Portability and Accountability Act (HIPAA) is a U.S. legislation that impacts the healthcare industry, particularly in the realm of compliance. Approved in 1996, HIPAA was designed to address concerns related to the portability of health insurance for individuals changing employers and…