Regulatory compliance in healthcare is complex and ever-changing. There’s a steady stream of new and updated federal and state regulations that organizations have to stay on top of. Also, from CMS updates to accreditation standards, managing compliance across multiple departments is a significant challenge.
Enter the Regulatory Lifecycle Management Maturity Model (RL3M): a brand-new framework that helps healthcare organizations assess their readiness to handle regulatory changes.
The model will help you evaluate where your organization stands in regulatory readiness, and classify you in one of five levels – Initial, Developing, Defined, Managed, or Optimized. It also will offer tips and best practices for meeting regulatory requirements at seven key stages of regulatory lifecycle management:
- Identifying & Documenting Regulations
- Assessing Relevance
- Translating into Business Requirements
- Communicating to Stakeholders
- Executing Compliance Activities
- Monitoring & Validating Activities
- Demonstrating Compliance
With the model, organizations will be in a position to reach higher maturity levels – and experience fewer compliance breaches, reduced financial penalties, and greater operational efficiency.
Take the Self-Assessment below to get started with the RLM Maturity Model.
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