In today's healthcare landscape, safeguarding patient confidentiality is not just a legal requirement but an essential pillar of trust. Even the thought of your medical history, treatments, and personal information in the wrong hands is unsettling.
The problem is that the healthcare industry collects and manages massive amounts of data. To paint a clearer picture — among many data sources, clinical data alone amounts to 19 terabytes per year, which equates to 19,000 Gigabytes.
In fact, data generated by the healthcare industry amounts to 30% of the world's data volume. And this number will keep increasing as it is expected that by 2025, the CAGR of healthcare data will reach 36%.
What's alarming is that data breaches have considerably increased, so safeguarding is turning out to be a considerable challenge.
A recent statistic reveals the gravity of the situation. In the first three months of 2023, healthcare firms reported 145 data breaches, per the U.S. government's Office for Civil Rights (OCR). These breaches underline the urgent need for robust data privacy measures.
The Health Insurance Portability and Accountability Act (HIPAA) is pivotal in safeguarding patient confidentiality. HIPAA statistics highlight its significance, with roughly 95% of the U.S. population disclosing their medical information between 2009 and 2021.
This blog highlights the complexities of data privacy in healthcare. We will explore why it's not just a legal obligation but a moral duty.
(Or skip to the end for a visual demonstration of VIDIZMO's Redactor).
In healthcare data security and privacy, understanding the distinctions between PHI (Protected Health Information), PCI (Payment Card Industry), and PII (Personally Identifiable Information) is essential.
PHI refers to sensitive health-related information, including medical history, treatments, and insurance data.
It is crucial in healthcare data security to maintain patient confidentiality and comply with regulations.
PCI pertains to information related to payment card transactions, such as credit card numbers.
While not exclusive to healthcare, its significance lies in securing financial data in healthcare payment processes.
PII encompasses personal data that can identify individuals, such as names, addresses, and Social Security numbers.
In healthcare data security, safeguarding PII is essential to protect patients' identities and privacy. Learn more about PII on our dedicated blog post.
Here are some common examples of PHI:
Here are some common examples of PII:
Here are some common examples of PCI:
Now that we've understood the three types of healthcare data, we need to know why preserving its privacy is crucial for organizations.
Here are four reasons why:
Healthcare data breaches pose significant risks for organizations. HIPAA has been enacted to ensure the privacy and security of PHI.
HIPAA imposed an $875,000 fine on Oklahoma State University's Center for Health Services following a data breach where hackers compromised its medical data. Alarming, isn't it?
Organizations must comply with HIPAA regulations and protect sensitive patient data to prevent massive losses.
Strict regulations like HIPAA and PCI DSS bind healthcare organizations. Failing to protect PCI and PII results in fines and tarnishes the reputation of healthcare providers.
According to the Office for Civil Rights (OCR) Breach Portal, the first four months of 2023 have seen a marked increase in data breaches affecting healthcare entities.
Patients entrust healthcare providers with sensitive so breaches like these can lead to reputational damage for healthcare organizations and potentially affect patient trust.
PCI data involves financial information used for healthcare payments. Breaches can lead to financial loss for patients, causing distress and undermining confidence in healthcare institutions.
VIDIZMO Redactor plays a pivotal role in upholding privacy within the healthcare sector. This advanced tool empowers healthcare organizations to protect sensitive patient information, comply with privacy regulations, and mitigate the risk of privacy breaches.
Here are just a few of its extensive capabilities:
Crucially, our Redactor adheres to essential compliance standards such as HIPAA and GDPR.
Ensuring the security of PII, PHI, and PCI in healthcare is not just a legal obligation; it's a foundation of trust between patients and healthcare providers.
This blog explored the distinctions between PHI, PII, and PCI, highlighting the importance of preserving patient confidentiality. VIDIZMO's Redactor is a robust solution that ensures compliance and safeguards patient trust.
Head over to VIDIZMO for a free seven-day trial today.
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