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Keeping clean for compliance.

Lawrence A Fogel1, Joseph M Watt

  • 1BKD Health Care Group, Kansas City, MO, USA. lfogel@bkd.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|January 24, 2007
PubMed
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Healthcare organizations must manage compliance risks by documenting policies, training staff, planning for risks, and reporting to governing boards for effective risk management.

Area of Science:

  • Healthcare Management
  • Compliance Risk Mitigation
  • Organizational Policy

Background:

  • Effective management of compliance risks is crucial for healthcare organizations.
  • Proactive strategies are necessary to address potential risks and ensure adherence to regulations.

Purpose of the Study:

  • To outline essential components for healthcare organizations to effectively manage compliance risks.
  • To provide actionable steps for enhancing organizational compliance frameworks.

Main Methods:

  • Review of best practices in healthcare compliance.
  • Identification of key areas for risk management focus.

Main Results:

  • Organizations must rigorously follow and document internal policies.

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  • Comprehensive employee training, particularly in high-risk areas, is vital.
  • An annual work plan targeting top risks is essential for proactive management.
  • Regular, written compliance reports to governing boards are necessary for oversight.

    • Conclusions:

    • Implementing documented policies, robust training, strategic risk planning, and transparent reporting are fundamental for effective compliance risk management in healthcare.
    • These measures collectively strengthen an organization's ability to navigate and mitigate compliance challenges.