The growing challenge of rising provider costs, a volatile healthcare market, and patient debt may seem insurmountable, and that is precisely why revenue cycle management is so important, revenue cycle management used to be primarily about collecting reimbursement from insurance organizations but patients now carry an unprecedented portion of the Read more…
Similarly, a compliance management system may support only SOx compliance or legal compliance. In addition, it is good HIPAA compliance practice to ask for written authorization from organizations to release information when possible, regardless of the situation, plus, allocation of resources, implementation requires a formal and informal organization that complements Read more…
Development and monitoring of the required compliance program may require the expenditure of resources and management attention, another step in the new product and services development process is the review of an initiative for credit, market, operational, legal and reputational risks. Fair Compliance Audit has the responsibility for independently monitoring Read more…
Compliance Management System has built in reporting specifically designed for compliance, to allow management to monitor staff progress and check organization-wide compliance activities in a few clicks, when time and resources are under pressure, it can be difficult to maintain management systems to the level youd like. For the most Read more…
If the project is big enough, you may need dedicated change management resources as well, the transformed audit will expand beyond sample-based testing to include analysis of entire populations of audit-relevant data (transaction activity and master data from key business processes), using intelligent analytics to deliver a higher quality of Read more…