OCR Statistics


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Ocr Statistics 2023: Facts about Ocr outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Ocr, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Ocr Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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On this page, you’ll learn about the following:

Top Ocr Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 12 Ocr Statistics on this page 🙂

Ocr “Latest” Statistics

  • Between 2009 and 2021, the HHS Office for Civil Rights received reports of 4,419 healthcare data breaches involving 500 or more records.[1]
  • Between 2009 and 2021, a breach resulted in the loss, theft, exposure, or improper disclosure of 314,063,186 healthcare records, which equals more than 94.63% of the US population in 2021.[1]
  • Healthcare data breaches of 500 or more records were reported at a rate of about one per day in 2018.[1]
  • Each day in 2021, an average of 1.95 healthcare data breaches involving 500 or more records were reported.[1]
  • With almost 113.27 million pieces of information exposed, stolen, or improperly released, 2015 was the worst year in history for hacked healthcare records.[1]
  • Anthem Inc paid the biggest ever financial penalty for HIPAA violations in 2018 to settle potential HIPAA Security Rule violations uncovered by OCR during the investigation of its 78.8 million record data breach in 2015.[1]
  • In 2020, Premera Blue Cross settled potential HIPAA Rules violations and paid a $6,850,000 penalty to resolve its 2015 data breach of nearly 10.5 million individuals, and in 2021, Excellus Health Plan agreed to a $5,000,000 settlement to resolve HIPAA violations identified that contributed to its 2015 data breach of nearly 9.4 million individuals.[1]
  • In 2022, minor medical practices accounted for 55% of the financial penalties assessed by OCR.[1]
  • Due to HHS budget constraints, it was predicted that 2018 would see fewer fines for HIPAA-covered companies than the previous two years, however, this did not prove to be the case. 2018 reached a new high for HIPAA penalties and settlements, surpassing the previous high of $23,505,300 recorded in 2016.[1]
  • OCR paid $28,683,400 in compensation from HIPAA-covered companies and business partners that breached HIPAA Rules in 2018, and 2020 saw a significant rise in enforcement activity with 19 settlements.[1]
  • An examination of data breaches registered on the Privacy Rights Clearinghouse database between 2015 and 2019 revealed that the healthcare industry accounted for 76.59% of all known data breaches.[1]
  • For all such geographic divisions with 20,000 or fewer people, the first three digits of a ZIP code are altered to 000.[2]

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How Useful is OCR

One of the most significant benefits of OCR is its ability to digitize and store large volumes of documents quickly and efficiently. Gone are the days of sifting through piles of papers or manually transcribing text. With OCR, documents can be scanned and converted into editable and searchable text in a matter of seconds. This not only saves time but also increases productivity by allowing for easy access to important information.

Furthermore, OCR has made it possible to extract valuable data from documents that would otherwise be trapped in a printed format. Industries such as healthcare, finance, and legal services benefit greatly from OCR technology as it allows for efficient data extraction and processing. This enables organizations to streamline their operations, reduce costs, and make more informed decisions based on the information extracted from documents.

Additionally, OCR plays a crucial role in improving accessibility for individuals with disabilities. By converting printed text into digital formats, OCR technology makes it possible for visually impaired individuals to access and interact with written information. This inclusivity is essential for creating a more equitable society where people of all abilities can participate fully in everyday activities.

Moreover, OCR technology has applications beyond text recognition. It can also be used in handwriting recognition, enabling the transformation of handwritten notes and documents into editable text. This feature is particularly useful for businesses, researchers, and students who need to digitize large volumes of handwritten information quickly and accurately.

With the advancements in machine learning and artificial intelligence, OCR technology continues to evolve and improve. The accuracy of OCR has significantly increased over the years, leading to more reliable results and fewer errors in text recognition. This ensures that the information extracted from documents is highly accurate, reducing the need for manual verification and correction.

However, despite its numerous benefits, OCR technology is not without its limitations. It may struggle with recognizing unusual fonts, poorly scanned documents, or handwritten text with unique characteristics. Additionally, OCR may not always be able to capture the context or meaning of the text, leading to potential misinterpretations in certain cases.

In conclusion, OCR technology has proven to be incredibly useful in various industries and fields, simplifying tasks that were once time-consuming and tedious. Its ability to digitize and extract information from documents quickly and accurately has significantly improved efficiency and productivity. While OCR may not be perfect and has limitations, its continued development and integration into various applications demonstrate its significance in our digital era.

Reference

  1. hipaajournal – https://www.hipaajournal.com/healthcare-data-breach-statistics/
  2. hhs – https://www.hhs.gov/hipaa/for-professionals/privacy/special-topics/de-identification/index.html

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