Fitch: HIPAA-Related Costs Not So Bad

June 2003
Bond Buyer;6/4/2003, Vol. 344 Issue 31649, p2
Trade Publication
According to a study released by Fitch Ratings Inc. in the United States on June 4, 2003, Health Insurance Portability and Accountability Act (HIPPA)-related costs for hospitals and health systems will be less than originally anticipated, due to health providers' revenue cycle management initiatives that have led to system upgrades. The act passed in 1996 was enacted to standardize the interchange of health care data in order to improve the industry's efficiency and effectiveness and to improve upon confidentiality of patient records.


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