The Cost of Non-Compliance 

cost of non-compliance shawn degroot

“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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YouCompli Introduces Unique Compliance Reporting Suite in Version 2.0

Release of reporting suite enables healthcare compliance pros to save time/resources, better manage risk, and articulate the value of compliance activities to their organizations

Contact:
Jason Sprenger
For YouCompli
(612) 327-1886
jason.sprenger@youcompli.com

PITTSBURGH — FEB. 20, 2024 –– YouCompli, the leading provider of SaaS healthcare compliance solutions, today announced that version 2.0 of its flagship SaaS platform is now generally available for use. In addition to better helping compliance professionals manage regulatory change, the new version introduces a suite of reports that help them bring more value to organizations.

“The capabilities these reports bring will definitely elevate your program,” said Jenny O’Brien, president/principal of BlackBridge Advisors and member of YouCompli’s Advisory Board. “They include so much detail about regulation applicability and status that they’d be virtually impossible to reproduce any other way. By using these new capabilities, compliance pros will show their executives and Board members exactly how their activities translate to value for the entire organization. As a result, they’re more likely to earn mindshare, buy-in, and credibility – and secure the resources they need to have the compliance function they want.”

The new suite of reports improves compliance’s ability to monitor regulatory compliance management within their organizations, and report on it in real time. Users can:

  • Gauge and quantify potential areas of risk related to incomplete regulatory requirement assignments.
  • Identify volume of regulatory requirements by department to evaluate impact on organizational resources (time, staff, planning, etc.).
  • Quickly respond to requests related to organizational compliance activities.
  • Identify and assign specific individuals responsible for completion of regulatory requirements
  • Track progress and on-time completion (or not) of all requirements
  • Verify that regulatory requirements have been acted upon within the organization.
  • Integrate regulatory risk assessments scores into reporting to quickly identify efforts that need to be prioritized.
  • Manage it all from a single pane of glass, eliminating processes and countless hours of manually tracking data and compiling updates.

All reports are filterable, searchable, downloadable, and exportable. In more detail, they are:

  • High-Level Reports for Senior Leadership

These reports allow organizations to quickly and easily track their progress against their volume of regulations and associated regulatory work, and sort it by department and status. This helps users see how and when regulations are received over time by the organization, evaluate which departments are impacted the most, recognize compliance achievements, and realize opportunities for improvement.

  • Detailed Reports for Oversight by Compliance Teams

These reports equip compliance teams with all the information they need to know to effectively communicate, act on, monitor, and focus organizational compliance efforts.

  • Detailed Report for Oversight by Department Leaders

These reports enable department leaders to easily monitor regulatory assignments and manage regulatory work from start to finish.

“We believe in compliance departments, and in their unlimited potential to help healthcare organizations operate safer and more efficiently – if they have the right tools at their disposal,” said Jerry Shafran, founder and CEO of YouCompli. “We asked our clients what they wished they could do with a SaaS tool, and then we found a way to build it for them. It took the dedication and hard work of our entire team to bring this to market.”

About YouCompli

Founded in 2016, YouCompli offers the only healthcare compliance solution combining actionable, regulatory analysis, and a simple SaaS workflow. Its compliance experts distill the complex regulatory changes issued by every healthcare regulator into straightforward action plans validated by Horty Springer, the nation’s leading healthcare law firm. YouCompli’s solution then guides users through a simple workflow to assign, manage, and track the rollout and completion of regulatory requirements. This one-two punch of intelligence and technology protects the whole organization and puts compliance officers at ease.

For more information, visit www.youcompli.com.