Navigating Regulatory Waters: Transforming Compliance into Revenue in RCM - HBMA Store

Navigating Regulatory Waters: Transforming Compliance into Revenue in RCM
Presented by Adam Laing

As presented at HBMA's 2024 Fall Conference September 17th-19th, 2024.

Description: 
Join our HBMA presentation on accreditation and compliance in RCM. Neglecting these measures can lead to fines, reputational damage, and legal issues. We emphasize active adherence to protocols, as merely having a program isn't enough. A current accreditation and robust compliance program can attract clients and build trust. Led by Healthcare Compliance Pros, our session equips you with strategies for HIPAA compliance, risk assessments, and ongoing education to navigate regulatory challenges and strengthen your organization.

Learning Objectives
Course participants will be able to:

1. Understand the potential consequences of neglecting compliance measures in Revenue Cycle Management (RCM) companies, including fines, reputational damage, and legal repercussions.
2. Recognize the importance of active adherence to compliance protocols, beyond merely establishing a program, to mitigate risks and ensure regulatory adherence.
3. Understand how actively holding a current accreditation and demonstrating a robust compliance program can transform regulatory compliance from a cost center into a revenue source, by attracting discerning clients who prioritize security, regulatory compliance, and ethical practices.