Step-by-Step Response Plan To Follow When a Current Vendor Gets Excluded

Step-by-Step Response Plan To Follow When a Current Vendor Gets Excluded

Frequent and compulsory vendor screening is a mandatory response for compliance officers within the organization. However, when the screening shows the result of a “green” vendor suddenly turning “red”, it brings chaos and anxiety in compliance officers. The monthly reports hit hard, which have a potential match with a vendor. Although prevention is the organization’s […]

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Daily, Weekly, or Monthly: How To Choose Right Exclusion Screening Frequency

Daily, Weekly, or Monthly: How To Choose Right Exclusion Screening Frequency?

Compliance checks are essential, and by now, healthcare, finance, and other high-risk organizations have understood this. Although there is still one topic that causes confusion and leads to discussions in boardrooms: how often exclusions screening should be conducted. The OIG (Office of Inspector General) updates its list on a monthly basis, but the healthcare workforce […]

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How Does Open Payments CMS Improve Financial Disclosure in Healthcare?

How Does Open Payments CMS Improve Financial Disclosure in Healthcare?

The healthcare industry runs on the utmost trust patients have in the organization or the people working there to run it smoothly. Therefore, CMS open payments are introduced, and the Centers for Medicare & Medicaid Services ensure the reliability of it. Thereby, accountability for financial records is established. Historically, the financial relationships between healthcare providers […]

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How Simple Steps Of Exclusion Screening Protect Healthcare Facilities

How Simple Steps Of Exclusion Screening Protect Healthcare Facilities

Efficient and safe services in the healthcare sector require regular exclusions screening of people and entities that organizations hire or work with. These screenings identify banned entities that the federal government has banned from participating in Medicaid and Medicare facilities. With the help of this list, any healthcare facility can prevent working with or paying […]

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How to Ensure Accurate Vendor Compliance Checks in the Healthcare Industry?

How to Ensure Accurate Vendor Compliance Checks in the Healthcare Industry?

Strict regulatory compliance laws require healthcare providers and organizations to ensure patient safety and deliver superior care. Healthcare vendors and service providers are also subject to these compliance regulations. This is because they supply drugs, medication, and other critical services to the organizations, directly affecting the quality of their services and treatment. Therefore, accurate vendor […]

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CMS Open Payments in Simple Terms, and Its Role in the Healthcare Industry

CMS Open Payments in Simple Terms, and Its Role in the Healthcare Industry

CMS, or the Centers for Medicare & Medicaid Services, uses the open payments program to ensure financial transparency in the healthcare industry. It publicly discloses financial transactions and transfers of value of any kind made by drug and medical device companies to physicians, nurses, and other covered recipients. CMS Open Payments offers financial transparency, which […]

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