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CRN Newsweekly Quotes JAWZ in "Patient Security" Story on HIPAA Deadlines Looming Closer.


Business Editors

FAIRFIELD, N.J. & TORONTO--(BUSINESS WIRE)--May 29, 2001

JAWZ Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:JAWZ)

JAWZ in the NEWS Close US $1.28

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 by Scott Campbell that some companies are slow to adopt HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health,  regulations as the deadlines loom closer.

Dr. Keith Van de Castle, HIPAA expert at JAWZ states that healthcare organizations do not fear government sanctions as much as customer retaliation RETALIATION. The act by which a nation or individual treats another in the same manner that the latter has treated them. For example, if a nation should lay a very heavy tariff on American goods, the United States would be justified in return in laying heavy duties on the manufactures and . "Forget the government, it's patients taking business elsewhere that has them worried. It's an attorney nailing them to the wall....they may get fined $25,000 (from the government) but lose a couple million (dollars) in business because no one wants to do business with a company that can't protect its information." The report goes on to quote statistics from the Garner Group that states unless substantial progress is made in the next three months, the healthcare industry won't be ready to meet the first deadline. Further statistics include, only 9 percent of healthcare organizations have completed privacy assessments, only 27 percent have begun preliminary budgeting for compliance and less than 30 percent of organizations have begun formal HIPAA education for employees.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 29, 2001
Words:193
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