HIPAA compliance with this product appears possible?: Yes.
Recommend for your HIPAA risk management needs?: Probably. The only reason we give this product a 'maybe' is because we were unable to physically test the device. This review is based on information we received from customer service representatives. They were able to give us a pretty clear "yes" about data being stored locally which is why we feel comfortable in giving this product a 'maybe.' Please test out these claims before using this product to record PHI.