HIPAA audits drive business for privacy software firm  
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HIPAA audits drive business for privacy software firm

www.govhealthit.com

FairWarning, a supplier of health care privacy auditing systems based in St. Petersburg, Fla., reported revenues for the first six months of 2008 more than doubled over the same period last year.

Company executives believe the increase has been due to a rise in electronic identify theft and snooping, as well as the announcement that the Department of Health and Human Services would start to audit hospital compliance with the requirements of the Health Insurance Portability and Accountability Act (HIPAA),

In January, HHS's Centers for Medicare and Medicaid Services disclosed plans to audit 10 to 20 hospitals.

FairWarning, which was started in 2005, markets to hospitals, health systems and major physician offices. Kurt Long, the company’s chief executive officer, said the company has also started working with regional health information organizations (RHIOs). FairWarning’s involvement with RHIOs stems from the company’s collaboration with such health care applications vendors as GE Healthcare.

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