HIPAA regulates how patient health information can be used and shared. It aims to protect Personal Health Information (PHI) such as names, medical diagnoses, and billing histories. Covered entities like health plans and providers must follow HIPAA's rules. Non-compliance can result in civil and criminal penalties including fines and imprisonment. The training stresses that a patient's private information is just that - private - and outlines who must follow HIPAA, what information it protects, how it affects jobs, and penalties for violations.