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What are the penalties associated with failing to comply with HIPAA Privacy Rule regulations?

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What are the penalties associated with failing to comply with HIPAA Privacy Rule regulations?

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There are both civil and criminal penalties for improper use or disclosure of PHI with fines as high as $25,000 for multiple violations in the same year or $250,000 and/or up to 10 years imprisonment for knowingly misusing PHI. These penalties are personal as well as institutional.

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