Did you know that the new HIPAA Privacy and Security final rule came into effect March 26? The rule, more commonly known as the HIPAA Omnibus Rule brings about a drastic change in the way practices are supposed to handle breach notifications. This change is something you should be aware of.
As your company grows, so do the risks of doing business. More employees mean that you can’t watch over every transaction. New markets and expanded product lines mean additional regulations and compliance requirements. To maintain control of the risks that naturally follow growth, you need the audit trails and formal business processes that an ERP system can deliver.