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Volume 27, Issue 3

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February 26, 2014

Regulatory Compliance Has No Speed Traps

By

“A truth that’s told with bad intent
Beats all the lies you can invent.”
- William Blake

Formed through legislation signed by President Gerald Ford in 1976, the Office of the Inspector General (OIG) is one federal agency that should never be underestimated by those in the health care industry. In its pursuit to protect the integrity of health care programs and the welfare of their beneficiaries, the OIG boasts the power to determine the fate of most health care providers through standards both objective (42 U.S.C. § 1320a-7(a) – Mandatory Exclusions) and subjective (42 U.S.C. § 1320a-7(b) – Permissive Exclusions). While those unfortunate enough to find themselves on the List of Excluded Individuals and Entities (LEIE) may at times disagree, the pellucidity with which the OIG enforces its statutory directive is in perfect alignment with the transparency through which the agency insists providers conduct their business.

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http://www.corporatecomplianceinsights.com/regulatory-compliance-has-no-speed-traps/