Running a healthcare organization is a difficult task. You must focus on profits, patient outcomes, and of course, compliance. Meeting these government-mandated regulations can be costly when not done correctly.
In order to save yourself financial troubles, legal issues, and additional stress on your organization, keep reading. We’ll discuss the benefits and methods of compliance management for your healthcare practice.
Read More: Healthcare Compliance Consulting
What Is Compliance Management?
Meeting the regulations, rules, obligations of HIPAA and other industry regulations is essential.
What is the purpose of a compliance program?
The point of a compliance program is to ensure that you have the right data security methods in place.
HIPAA means that all doctors, nurses, and medical staff — or anyone who has access to PHI and ePHI for that matter — must protect patients’ privacy. Now, with digital data, you must secure it from external breaches. You have to anticipate security vulnerabilities and create robust solutions to protect against them.
Inappropriate disclosures or unauthorized access could cause you to be in violation of HIPAA.
PCI DSS (Payment Card Security Data Security Standard)
Accepting credit card information from patients is an everyday occurrence in a modern world, but that means you need to meet PCI standards. This involves using passwords, antivirus software, firewalls, and additional security measures.
Ultimately, the credit card information must be stored securely in your digital systems. Any breach could carry a fine or worse.
Other IT regulations and frameworks that may be involved with your healthcare organization are ISO, NERC, NIST, and more. Healthcare compliance solutions are essential in aligning your health facility with these rules and recommendations.
The Benefits Of A Compliance Program
What are the benefits of a compliance program?:
1. Build trust with your patients
Showing that you take patient privacy seriously is a great way to build trust within your local market.
2. Engage with team members
Properly training your team members can help them have peace of mind that they can conduct their duties.
You don’t want them to feel like they aren’t prepared to handle an email or potential phishing operation. Ensuring that they play an important role in your organization is key.
3. Reduce risks and avoid costs
Reduce risks and avoid costs. Fines add up quickly running from a fewl thousand dollars to millions of dollars. Maintaining compliance is essential for that reason alone. In order to prevent this unnecessary burden, protect personal patient information and credit card information with the right compliance management system.
Benefits Of A Compliance Program In Healthcare: Conclusion
Healthcare compliance management is something that requires expertise and ongoing focus. However, when you use compliance management software from ComplyAssistant, you can automate several aspects of your compliance program.
Contract management, internal assignments, audits, tasks, and more will take a fraction of the time than before. Reach out for a demo today and learn how you can transform your compliance.