Myriad Systems™ has been recognized by an independent panel of global industry experts for its healthcare compliance management software, which is built to help healthcare practices operate with confidence.
The MedTech Breakthrough Awards are determined by industry experts who evaluate each submission on Innovation, Performance, Ease of Use, Functionality, Value, and Market Impact. There is one winner per category. This year's program drew more than 5,000 nominations from companies across 20+ countries. Myriad Systems™ was named the "Best Compliance Management Solution Provider" in the Privacy and Compliance category.
Why Healthcare Compliance Management Software Is Critical for Medical Practices
Healthcare practices today are navigating a landscape where documentation errors carry financial and legal consequences, where payers scrutinize claims more closely than ever, and where the margin for error continues to shrink. HIPAA requirements, E/M coding standards, and billing accuracy are not peripheral concerns. They sit at the center of how a practice operates and how it gets paid.
Strong compliance programs help organizations maintain patient trust, ensure employees follow established procedures, and adapt to evolving healthcare regulations through continuous training and monitoring (HIPAA Journal, 2024).
As healthcare organizations increasingly adopt AI-powered documentation tools, compliance becomes even more important. Practices must ensure that these technologies improve efficiency without compromising patient privacy, data security, or regulatory requirements.
What Are the Biggest Compliance Risks for Healthcare Practices in 2026?
Compliance risk in healthcare is not static. The rules shift, enforcement intensifies, and the consequences of falling behind grow steeper every year.
In 2026, practices face pressure on several fronts:
Documentation Gaps and Billing Inaccuracies
Documentation gaps and billing inaccuracies remain the most direct path to denied claims and lost revenue. According to Experian Health's 2025 State of Claims report, 41% of providers now face denial rates of 10% or higher. This number has grown every year since 2022. Denials most commonly stem from incomplete documentation, coding errors, eligibility issues, or lack of medical necessity. And while many are ultimately reversed, the rework process is time-consuming and expensive.
Good documentation is the foundation of accurate medical coding and billing. Incomplete records can lead to denied claims, lost revenue, and lower-quality patient data. While some physicians rely on billing staff, they are ultimately responsible for the accuracy of the documentation and codes submitted. Regular feedback between providers and billing teams can reduce errors, improve reimbursement, and strengthen the financial health of the practice.
HIPAA requirements are expanding
The HIPAA Privacy Rule received major updates with a compliance date of December 23, 2024, and the Department of Health and Human Services proposed significant changes to the HIPAA Security Rule. These changes remove the distinction between "required" and "addressable" implementation specifications. Practices that have not updated their workflows accordingly are already behind.
HIPAA Privacy Risks: The single largest compliance risk area for healthcare businesses in 2026 is violations of protected health information, which are seven times more likely to result in regulatory action than fraud and abuse violations.
Cybersecurity threats are increasing
More patient information is now stored and shared digitally than ever before. This makes protecting sensitive health data a critical responsibility, with regulations like HIPAA helping healthcare providers strengthen security and stay compliant.
Major incidents in recent years are disrupting healthcare services and billing systems on a large scale. At the same time, regulators have intensified enforcement, leading to higher penalties for organizations that fail to meet data security requirements.
Billing, Coding, and Claims Processing
Today's physicians are expected to see more patients, handle increasingly complex care, and keep detailed medical records. This leaves less time for billing and coding. Yet accurate medical coding and billing remain essential, as they ensure healthcare providers are paid correctly while supporting compliance and the financial health of the practice.
Compliance teams are working harder than ever to prevent mistakes that could result in accusations of fraud or false claims proceedings.
For billed services to satisfy payer coverage requirements, they must be adequately supported by clinical documentation. Errors can result in serious penalties and False Claims Act proceedings. The time spent preventing a possible compliance problem is far more valuable than the time spent disputing a claim, which is why medical practice billing compliance has become a top priority for practice owners.
Is AI Documentation HIPAA Compliant?
The short answer is: it depends on how the tool is built and deployed.
No AI tool is automatically HIPAA compliant. What makes the difference is whether it runs on HIPAA-eligible infrastructure, applies the right technical safeguards, and is backed by a signed Business Associate Agreement (BAA) between the vendor and the covered entity. Without all three, using an AI tool with patient data is a HIPAA violation.
When an AI tool interacts with patient data in any form, it falls within HIPAA's scope. That means data must be encrypted in transit, and at rest, access must be controlled and logged, and exposure limited to only what is strictly necessary. According to HHS, penalties for PHI violations can reach up to $1.5 million per violation category per year.
Standard consumer AI tools offer none of these protections and sign no BAAs. Entering clinical data into those tools is a compliance risk most practices do not realize they are taking.
One platform built around these exact requirements is MyScribe AI a HIPAA compliant AI medical scribe recognized as one of the best AI medical scribe solutions available today, and named "Best Compliance Management Solution Provider" at the 2026 MedTech Breakthrough Awards. MyScribe AI operates in a closed, HIPAA-compliant environment. Patient data is never routed through third-party APIs, never used to train external models, and a BAA is in place as a standard part of the Myriad Systems™ platform.
How Myriad Systems™ Helps Healthcare Practices Stay Compliant
Myriad Systems was built around one core belief: that private practices deserve the same quality of healthcare compliance management software and technology that large health systems have, without the cost, complexity, or compliance risk that usually comes with it.
Myriad Health, the company's flagship EHR and practice management system, is the first truly free practice management and billing software. At the center of that platform is MyScribe AI, Myriad Health's built-in HIPAA-compliant AI charting assistant. Providers give MyScribe AI a few lines of input, and it generates a full, structured clinical note tailored to their specialty, templates, and clinical standards. As it does, it recognizes E/M billing levels, recommends diagnosis and procedure codes, and screens for compliance issues directly in real time. Patient data stays encrypted, access-controlled, and logged at every step.
But MyScribe AI is one part of a broader picture. Myriad Systems is built to cover the full patient journey. That includes patent-pending Waterfall Eligibility for live insurance checks before the appointment, so practices know exact patient responsibility upfront. It also includes fully compliant Good Faith Estimates delivered through the patient portal, by text, or in the office. This allows practices to stay aligned with No Surprises Act requirements without adding manual steps. On the back end, Myriad MedBill handles automated Revenue Cycle Management at a flat rate, giving practices access to billing expertise without the overhead of traditional RCM services. Together, these tools reflect the same principle running through the entire platform: compliance built in.
The majority of Myriad clients report a significant reduction in AR balances and billing costs after full implementation. On average, practices see reduction in total software, billing, and practice management costs. Onboarding is twice as fast as the market average, with no setup or installation fee. Those numbers reflect what the platform was designed to do: make compliance, accuracy, and efficiency achievable for practices of any size.
What the MedTech Breakthrough Award Recognizes
The MedTech Breakthrough Awards recognize companies that are moving healthcare forward, not just keeping up with it. Being named "Best Compliance Management Solution Provider" for 2026 tells us we are on the right track. For the practices we serve, it is one more reason to feel confident in the platform they rely on every day.
We are grateful to MedTech Breakthrough, to our team, and to every practice that trusts us with their operations.
“Compliance and efficiency don't have to work against each other. We built them to work together.
This award recognizes MyScribe AI as one of our many efforts to build a compliance-first platform that runs from clinical documentation to final payment, powered by our patent-pending Waterfall Eligibility approach, fully compliant Good Faith Estimates, pre-authorized healthcare forms, and automated Revenue Cycle Management.”
— Jeremy Shiner, Founder & CEO, Myriad Systems.
View the official 2026 Winners List.
Read the full press release.
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