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FOR IMMEDIATE RELEASE |
CONTACT: Kurt Gallagher |
HBMA CONGRATULATES NCDS Medical Billing ON COMPLIANCE ACCREDITATION
NCDS Medical Billing recognized for its program to protect patient privacy, prevent medical billing fraud, and comply with federal regulations
(Washington) – Today the Healthcare Business Management Association (HBMA) announced that NCDS Medical Billing is now accredited under the HBMA Compliance Accreditation Program for revenue cycle management (RCM) companies (a.k.a., medical billing and medical practice management companies). The HBMA Compliance Accreditation Program assesses compliance with a range of federal healthcare industry regulations, including provisions to protect patient privacy under HIPAA, promote cybersecurity, and prevent fraud, waste, and abuse in medical billing.
NCDS Medical Billing is an RCM company based in of Cleveland, Ohio that serves health care providers in seven states. “I am proud to join several of my HBMA member colleagues in attaining this high standard of ethics and compliance,” said Mick Polo, President of NCDS Medical Billing.
“Through the Compliance Accreditation Program, HBMA strengthens its position as an advocate for ethical practices in medical billing and revenue cycle management. Companies that earn HBMA Compliance Accreditation have gone beyond the requirements of federal regulations by obtaining an independent evaluation and recognition of their practices to protect the confidentiality of patient medical information, ensure the security of their data systems, and prevent fraud,” said Kurt Gallagher, executive director of HBMA.
The HBMA Compliance Accreditation Program is the result of the RCM industry coming together within HBMA to establish a process to independently assess the participating company’s program to fulfill its obligation to meet regulatory requirements and strengthen practices. The HBMA Compliance Accreditation Program evaluates compliance with HIPAA and with Health and Human Service Office of Inspector General compliance standards on fraud, waste and abuse; the Stark Law, which is designed to prevent conflicts of interest by medical providers in their prescribed patient care; federal Anti-kickback law; and the OIG work plan. The assessment under the HBMA Compliance Accreditation Program includes a comprehensive evaluation of the policies and practices of RCM companies with respect to employee training; security risks, including the security of confidential patient health information; documentation storage and handling; practices to promote compliance with federal regulations; disaster and emergency preparedness plans; and human resources practices, including background check procedures and onboarding.
The program was announced in April 2018 and was officially launched in October 2018 after beta testing by four HBMA member companies.
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About the Healthcare Business Management Association (HBMA)
HBMA is a non-profit, member-led trade association of companies that support doctors and other medical providers by handling their medical billing and revenue collection processes, services known as revenue cycle management (RCM). HBMA works with legislative stakeholders and federal agencies in Washington, D.C. to improve the business of medical billing and the practice of healthcare. Since its inception in 1993, HBMA and its members have encouraged professional development and adherence to the HBMA Code of Ethics, advocated on behalf of the RCM profession, and promoted business development through educational events, networking opportunities, certification programs, and a wide range of affiliated vendor resources. For more information about HBMA, visit the www.hbma.org.