Still think HIPAA compliance is strictly for the big guys?

Still think your small medical practice or medical billing business is safe from hackers, criminals and litigators?

From the NY Times:

The New Year’s Eve burglary of a California office building has led to the collapse of a national medical records firm.

Impairment Resources LLC filed for bankruptcy Friday after the break-in at its San Diego headquarters led to the electronic escape of detailed medical information for roughly 14,000 people, according to papers filed in U.S. Bankruptcy Court in Wilmington, Del. That information included patient addresses, social security numbers and medical diagnoses.

Police never caught the criminals, and company executives were required by law to report the breach to state attorneys general and the Department of Labor’s Office of Inspector General. Some of those agencies, including the Department of Labor, are still investigating the matter, the company said in court papers.

via New Year’s Eve Burglary Triggers Medical Records Firm’s Bankruptcy – Bankruptcy Beat – WSJ.