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Biotech / Medical : WebMD Health Corp
WBMD 66.480.0%Sep 18 5:00 PM EST

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To: tech101 who wrote (273)4/30/2001 12:25:01 PM
From: tech101  Read Replies (1) of 326
 
The price of medical records privacy

The U.S. Department of Health and Human Services projects the following costs and eventual savings associated with implementing the Health Insurance Portability and Accountability Act (HIPAA) regulations in the next 10 years.

$17.6 billion cost to industry to comply with privacy regulations

$29.9 billion saved by moving to electronic claims processing

$12.3 billion net savings

Source: Department of Health and Human Services
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