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The Essential Components of an Effective Healthcare Compliance Program

Healthcare Blog

The healthcare industry has extensive regulations, with laws such as the Health Insurance Portability and Accountability Act (HIPAA) and the Affordable Care Act (ACA) imposing stringent obligations on providers. It assists in identifying and addressing any concerns early on, lowering the likelihood of fraud, waste, and abuse.

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Answers to the Most Common Compliance FAQs

MedTrainer

It also helps prevent fraud, abuse, and errors, ensuring the delivery of high-quality care and ethical decision-making. The Health Insurance Portability and Accountability Act (HIPAA) is a federal law in the United States that protects patients’ health information, and ensures its confidentiality and availability.

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What Is Medical Auditing?

MedTrainer

Examples of External Audits Commercial Payer Audits These audits are conducted by private insurance companies or commercial payers. They review healthcare claims and billing practices to ensure accuracy, detect fraud or abuse, and assess compliance with the payer’s policies and guidelines. The post What Is Medical Auditing?

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Which Compliance Framework Governs the Healthcare Industry?

MedTrainer

The OIG also enforces standards for healthcare providers and suppliers to prevent fraud and imposes penalties for non-compliance. Medicaid: a joint state and federal program that provides health coverage to some people with limited income, including families and children, pregnant women, the elderly, and people with disabilities.