Whether you are a small practice or a large hospital system, compliance affects every type of healthcare organization. So, what is healthcare compliance, and why is it so important?
Healthcare compliance is defined as the process of ensuring all legal, ethical and professional requirements are met and communicated throughout an entire organization. It is an ongoing and continuous process that must be routinely reviewed to ensure adherence.
What is the purpose of a compliance program?
The primary purpose and benefit of a healthcare compliance program is to improve patient care and prevent healthcare fraud, waste, and abuse. An effective compliance program promotes organizational adherence to applicable federal and state law and healthcare requirements. It should also demonstrate the organization's commitment to compliance with the law and ethical standards.
Why is a healthcare compliance program important?
A well-designed healthcare compliance program is often considered the first line of defense and can help an organization avoid liability for malpractice. It can also help ensure that everyone within an organization follows best clinical practices and proper procedures that protect patient privacy and safety with the ultimate goal of delivering high-quality care to all patients.
Under the Patient Protection and ACA, physicians and group practices are required to establish compliance programs as a condition of enrollment in the Medicare program. Additionally, many insurance plans also require providers to have a compliance plan as a condition of participation.
The Department of Health and Human Services (HHS) has provided guidance for healthcare organizations and providers on the most critical components of a healthcare compliance program.
An effective healthcare compliance program must have these seven key elements:
Want to know more about how to create an effective compliance plan? Ask the experts at MedSafe.
If you have questions about healthcare compliance, contact the experts at MedSafe. MedSafe is the nation’s leading one-stop resource for outsourced accreditation and healthcare compliance solutions. For over 25 years, we have been providing peace of mind to hospital groups, private practices, and their business associates. Our suite of onsite and online training services, including OSHA, HIPAA, Corporate Compliance and Code Auditing better equip your practice with the necessary tools and skills to achieve and maintain regulatory billing compliance. MedSafe takes a hands-on approach and works directly with your team to uncover issues and define suitable solutions.