In vendor screening, most industries still conduct an initial background check but forget to run sanction checks. Thereby, assuming that the screened vendor is completely safe to work with and do business with permanently. However, this is not true because the regulatory landscape is highly volatile, and it leaves you exposed to liability. A vendor […]
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Most healthcare organizations believe and follow the idea that if a vendor isn’t on the federal blacklist. It means they are safe to hire or work with. However, the background checks need to go beyond that, as the standard check should now include CMS open payments. In today’s regulatory environment, avoiding criminal actors is the […]
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An organization, whether in healthcare, finance, or any other sector, is always judged by how it provides services to its customers and clients. For that reason, vendor screening is a critical task that organizations must conduct to ensure smooth operations and long-term survival across industries. Whether it be healthcare, sales, real estate, finance, or tech, […]
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Imagine a hiring manager sees a candidate who was excluded five years ago for a five-year term. The most common response is that the candidate is now safe to hire and okay to work with. However, these fall within the risk zone and expose the hiring organization to liability. The exclusions list OIG doesn’t automatically […]
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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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Most of the organizations in the healthcare sector treated the Sunshine Act as a strict output requirement. However, CMS Open Payments is not limited to a once-a-year checklist to be ticked for public view and financial reporting. Due to the misconception that most companies follow, their teams have to spend months aggregating spend data to […]
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When it comes to compliance checks in the healthcare sector, 90% of the focus is on doctors and nurses. However, exclusion screening of non-medical vendors, such as IT contractors, janitorial services, and staffing agencies, is also crucial. The OIG check does not distinguish between a surgeon, a nurse practitioner, and an IT vendor when all […]
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Getting healthcare treatment isn’t just about price and quality nowadays, but it also encompasses safety, ethics, and data security. Therefore, knowing that vendor screening has been completed for the vendor supplying medicine or medical equipment puts the individual at ease. It also represents healthcare facilities committed to delivering proper care with high-quality service. Reliance on […]
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After the COVID-19 pandemic, a shift in healthcare facilities to a digital model has rapidly occurred. However, it has major benefits, such as easy accessibility to health benefits for people residing in remote areas. But it also has some restrictions and constraints, especially when it comes to the exclusion screening. Telehealth has made it easier […]
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One common mistake in the hiring process is treating a candidate with over 5 years of experience as hireable to HR. When it comes to exclusion screening, the healthcare sector has been highly vigilant to avoid hiring any entity on the OIG excluded list. But over time, when a candidate reaches the 5-year mark, HR […]
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