The Cost and Benefits of HIPAA Compliant Software Development

Building HIPAA compliant software can be an investment, but it’s worth it. Simple healthcare apps might cost around $10,000, while more advanced systems with extra features can go well over $100,000 (source).

Why spend this money? Because the cost of a data breach is much higher. In 2024, the average cost of a healthcare data breach reached $10.93 million (source). Besides, non-compliance can lead to big fines and loss of trust.

But there are benefits beyond avoiding problems. HIPAA Compliant Software Development helps build trust with patients and partners. It also opens doors to work with more hospitals, clinics, and insurance companies who require compliance.

So, while the upfront cost can seem high, the long-term value and protection make it a smart choice for any healthcare business.
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