HIPAA is real and it isn't going away. One deadline has already passed and more are coming right around the corner. You need to act now ...

... to save money.

The most compelling reason to act now is that it will cost you more if you wait.

As time passes and deadlines approach, outside help and resources will be in greater demand - and prices will rise. You'll also pay a price if you miss deadlines or fail to comply - by exposing yourself to lawsuits and government fines.

Furthermore, the sooner you comply, the sooner you can reap the benefits: Standardized electronic transactions mean quicker settlements and fewer rejected claims. This is something we could all use.

... to minimize stress.

To be honest, complying with HIPAA regulations is a big job that will take a lot of time. No matter what approach you use, it's going to be an arduous process. And if you're like most healthcare professionals, you have a demanding job already. Assuming new HIPAA responsibilities will only add to the stress.

The sooner you know what you're up against - and have a plan in place - the better you'll feel.

... to avoid penalties.

HIPAA is the law. And like any law, there are penalties for non-compliance - such as fines ranging from $100 to $250,000 and prison sentences of up to 10 years. Compliance is not optional. The deadlines are real. And taking a "wait and see" attitude will only cause you stress and cost you money down the line.