Top 5 Compliance Risks Resulting from Recent Healthcare Legislation
- Published on Tuesday, 02 April 2013 20:34
- Written by Mike McClain, Web Editor
With recent years bringing about unprecedented change in the healthcare industry, Health Service Organizations (HSOs), more than ever, need to manage their risk through ensuring they maintain effective corporate compliance programs. Maintenance is key. However, just when an HSO may they think they have a solid program in place…everything changes. Well, ‘everything’ may be an exaggeration, but with the passage of the Patient Protection and Affordable Care Act (PPACA) signed into law by President Obama back in March 2010, healthcare companies certainly have to remain flexible and fluid and their compliance programs must be able to incorporate changes that do occur in a timely, accurate and responsive manner. An unstable economy, pressure to reduce rising healthcare costs and millions of uninsured Americans struggling to obtain coverage has accelerated the government’s attempt to get things ‘under control’.