Meaning of Vendor Compliance and How It Saves You From Legal Penalties

Meaning of Vendor Compliance and How It Saves You From Legal Penalties

Vendor compliance is a vital responsibility of every Healthcare organization. It ensures that the organization only works with vendors who follow all quality and security standards. Compliance checks also help the organization verify the vendor’s involvement in illegal activities. This is why working with vendors without compliance checks increases the risks of legal penalties and […]

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Vendor Screening Healthcare Sector

Vendor Screening and Its Importance in the Healthcare Sector

Vendor Screening is a multi-step process where the vendors are thoroughly checked for law compliance, relevant experience, history with other clients, and if they are qualified to work with the organization. These vendors offer medical equipment, pharmaceuticals(drugs/medicines), and other essential services required by the healthcare organization. Screening the vendors before entering into a contract is […]

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What is OIG Screening and How it Can Save You from Penalties

OIG screening confirms whether the individual(doctors, nurses and other medical staff) or entity(vendors) is excluded from participating in the federal healthcare programs. OIG or the Office of Inspector General has a list of all excluded individuals and entities also referred to as LEIE. It is important for healthcare providers to screen employees before hiring them. […]

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