“As we get underway in the Fourth Quarter, both football coaches and Compliance Officers must be prepared to take inventory, assess progress, and report the results to demonstrate positive outcomes.”
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“There’s another incredibly helpful resource that some might not be as familiar with: the list of services that Medicare Administrative Contractors (MACs) include in their Target, Probe and Educate (TPE) plan.”
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“Whether you’re resolving a complex billing issue, or advising your leadership team about a business proposal, the ability to effectively make decisions is a valuable asset for any compliance officer.”
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“Revenue cycle management compliance is crucial for the financial health and operational success of healthcare providers. By adhering to regulatory standards, ensuring accurate billing and coding, and protecting patient information, healthcare facilities can avoid legal repercussions and maintain patient trust.”
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“Whether you are new to the field or a seasoned professional, hopefully the viewpoints offer insight that can influence your BOD’s understanding of their oversight responsibility for the compliance program.”
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“A clear, structured, and methodical approach to compliance will help professionals navigate regulatory change. The best compliance pros also always seek to improve, so that their organizations are in the best possible position to succeed.”
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“The cost of non-compliance in healthcare extends far beyond fines and penalties. It encompasses legal fees, reputational damage, operational disruptions, and more. Investing in compliance is not just a legal obligation—it is a critical component of a healthcare organization’s operational excellence and commitment to patient care.”
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“By taking a practical approach to this complex topic, you will be viewed positively by your team and able to respond well to questions about AI risks from your business partners, the C-suite, and your Board of Directors.”
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“Before moving on from 2023, it is important to take time and get feedback from business partners to ensure an “outside-in” perspective is included in your 2024 plan.”
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