Enhancing Oversight with Compliance Monitoring Tools
Compliancy Group Blog
by Monica McCormack
3d ago
A Deep Dive into the Features and Benefits of a Compliance Monitoring Platform The American Hospital Association reports that hospitals and PAC providers spend nearly $39 billion annually on administrative tasks associated with compliance in various domains. This is a great deal to manage for a bustling healthcare organization, costing valuable time and financial resources. Maintaining an accurate and ongoing assessment of compliance status in today’s regulatory-heavy healthcare ecosystem is not just important—it’s essential. Healthcare organizations face high stakes and low margins fo ..read more
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OIG Corporate Compliance and Achieving Healthcare Success
Compliancy Group Blog
by Monica McCormack
3d ago
Compliance in all healthcare settings requires an in-depth understanding of the standards that the U.S. Office of Inspector General (OIG) enforces. However, OIG corporate compliance oversight is typically more rigorous, often resulting in more severe consequences for violations. In any business setting within healthcare, maintaining high standards ensures ethical practices, reduces financial waste and abuse, protects the organization’s reputation, and promotes quality of patient care. When OIG Evaluation of Corporate Compliance Programs Turns Up Wrongdoing Compliance officers, and the ..read more
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Streamlining Compliance Project Management with Software
Compliancy Group Blog
by Monica McCormack
5d ago
Regulations abound in the modern healthcare ecosystem, a reliable compliance project manager is more than a necessity—it’s a strategic advantage. However, compliance is often time-consuming and expensive. The American Hospital Association (AHA) has reported that “health systems, hospitals, and post-acute care providers spend nearly $39 billion annually on regulatory compliance tasks.” Businesses struggling to stay afloat in the complex waters of regulatory compliance in healthcare can benefit from investing in an effective compliance project manager. One clear solution for healthcare l ..read more
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Benefits of Using a Healthcare LMS
Compliancy Group Blog
by Compliancy Group
1w ago
98% of companies in the training industry use a healthcare learning management system (LMS), and this applies to most healthcare organizations that keep up with policy changes, industry fluctuations, and for onboarding new staff. This is to simplify training and onboarding processes, but the advantages of utilizing an LMS don’t stop there. The problem is that at least 2 of every 3 employers don’t have an actual structured process for onboarding. Often, healthcare businesses are continuously falling victim to the most common onboarding challenge: inefficient and inconsistent processes ..read more
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The Limitations of Healthcare Compliance Tracking Spreadsheets
Compliancy Group Blog
by Compliancy Group
1w ago
Many healthcare organizations rely on the classic spreadsheet to track their compliance status. While traditional, humble, and respectable, this method is teeming with challenges—manual updates, the risk of human error, and the inefficiency of tracking complex compliance processes in a static document. The American Hospital Association (AHA) reports that hospitals, health systems, and PAC providers “must comply with 629 discrete regulatory requirements across nine domains.” One glance at those numbers, and it’s clear that it’s time to move beyond the cells of a spreadsheet to a more so ..read more
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Handling an OIG Audit with Confidence: Focus Areas for 2024
Compliancy Group Blog
by Monica McCormack
1w ago
The U.S. Office of Inspector General (OIG) in the Department of Health and Human Services (DHHS) oversees efforts in the healthcare sector to identify, reduce, and prevent incidents of fraud, waste, and abuse of funds from programs like Medicare. OIG Medicare compliance audits help ensure that hospitals, clinics, and other medical facilities use program funds efficiently and in accordance with federal and state laws. Findings from OIG audits can identify compliance areas needing improvement. They also help the DHHS improve its operations and program administration. OIG audits tend to e ..read more
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Integrating Software into Your Risk Management Plan
Compliancy Group Blog
by Monica McCormack
1w ago
As cyber threats, hacks, and data intrusions become an ongoing concern for healthcare organizations, creating a risk management plan has become a crucial priority for protecting patient and data security. One vital strategy healthcare leadership increasingly considers is integrating software into planning and risk management. Explore why investing in comprehensive software solutions stands to streamline the planning and execution of effective, compliant risk management strategies for your healthcare organization. Understanding Risk Management in Health Organizations Before diving into ..read more
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Your OSHA Compliance Checklist for Healthcare
Compliancy Group Blog
by Monica McCormack
1w ago
Maintaining a safe and healthy environment is paramount in the fast-paced healthcare world. With patients relying on medical professionals to provide top-notch care, healthcare facilities must adhere to strict guidelines outlined by the Occupational Safety and Health Administration (OSHA). By following an OSHA compliance checklist, healthcare providers can ensure the well-being of their staff, patients, and visitors. Critical Elements of the OSHA Compliance Checklist for Healthcare There are particular elements that healthcare facilities must consider to ensure OSHA compliance and maint ..read more
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Internet of Things in Healthcare Interoperability and Security Issues
Compliancy Group Blog
by Compliancy Group
2w ago
Only 17% of Internet of Things (IoT) devices haven’t experienced some type of cyberattack over the last 13 months. One of the reasons for this is that the security measures for these types of devices are somewhat lacking. Additionally, encryption protocols for these devices often have a higher level of vulnerability to security incidents, making it easier for patient data to fall through the cracks. These are only a few of the challenges the Internet of Things presents in healthcare interoperability. Something to consider is how the chances of cyberattack occurrences are continuing to ..read more
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2.2 Million Patients Affected by 2024 March Healthcare Breaches
Compliancy Group Blog
by Compliancy Group
2w ago
In another banner month for healthcare breaches, the OCR Breach Portal listed 57 incidents affecting 2,248,065 patients. The most affected group was healthcare providers, reporting 41 incidents affecting 1.3 million patients. This was followed by business associates who reported 10 incidents, affecting 920,522 patients. Health plans also reported 6 incidents, affecting 20,159 patients. We’ll examine what caused March 2024 healthcare breaches and how they could have been prevented. 42 Hacking Incidents Affected 2.2 Million There were 42 hacking incidents reported in March 2024. These inc ..read more
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