HIPAA has the power to require firms to pay to be audited annually by an external firm.

Question

Quizplus · Accepted Answer

HIPAA does not specifically require firms to pay for annual audits by an external firm. However, it does require covered entities and business associates to conduct risk assessments and manage risks to ePHI, which can include periodic audits, but these can be internal or external based on the entity's discretion and assessment of risk.

HIPAA Has the Power to Require Firms to Pay to Be