Medical Economics April 29, 2024
As physicians, it is important to ensure your organization is meeting all applicable federal and state regulations. To do so, organizations must implement an effective compliance program. The work doesn’t end there, however. Below is a summary of what physicians need to know to get started with a compliance program and assess its effectiveness.
What is a compliance program?
Let’s begin by first clarifying what a compliance program is. A compliance program is generally defined as a set of internal policies and procedures put in place to uphold an organization’s reputation and ensure compliance with applicable laws, rules and regulations. Compliance programs can also help drive operational efficiency and lower costs.
According to HHS’s Office of Inspector General, the seven...