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Glossary Term
HIPAA (Health Insurance Portability and Accountability Act)
Definition
The Health Insurance Portability and Accountability Act (HIPAA) is a U.S. federal law enacted in 1996 to protect the privacy and security of individuals' health information. HIPAA establishes national standards for the protection of electronic health records (EHRs), regulates the sharing of protected health information (PHI), and provides individuals with rights regarding their health data.
Relevance to the MedTech Industry
HIPAA is essential for ensuring that medical device manufacturers, healthcare providers, and related organizations safeguard patient data when handling electronic health records or data collected by connected devices. Compliance with HIPAA builds trust with patients and healthcare partners while avoiding legal and financial penalties.
Additional Information & Related Terms
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