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EU and US Regulatory Challenges Facing AI Health Care Innovator Firms

Bill of Health

Although the cross-sectoral AI legislation that is now introduced by the European Commission’s Digital Strategy aims to be integrated with existing sectoral legislation such as the MDR, the IVDR and the Machinery Directive, it is uncertain how overlapping regulatory compliance requirements for AI-driven medical devices will be managed in practice.

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Juggling Chainsaws

YouCompli

If you think about it, healthcare compliance can be comparable to juggling chainsaws in the sense that both require a high level of skill, focus, and precision. Think about your organization as the big top, and all of the responsibilities you have as the compliance officer are your chainsaws!

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Why Is Credentialing Management Software Important?

MedTrainer

Good credentialing management opens the door to a wide range of benefits at both the facility and organization levels: Compliance With Regulatory Standards. Credentialing management helps organizations maintain compliance with regulatory standards set by accrediting bodies, government agencies, and industry regulators.

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Can a Non-Credentialed Provider Bill Under Another Provider

Physician Credentialing Company

Health insurance companies also allow credentialed providers to submit claims for healthcare services. It acts as a shield against malpractice claims under the False Claim Act. The following are some risks involved: Compliance risks Compliance with policies and regulations is considered a cornerstone in medical billing.

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New York Law Firm Pays $200,000 to State AG to Resolve HIPAA Violations

HIPAA Journal

A New York law firm that suffered a LockBit ransomware attack has agreed to pay a financial penalty of $200,000 to the New York Attorney General to resolve alleged violations of New York General Business Law and the Privacy and Security Rules of the Health Insurance Portability and Accountability Act (HIPAA).

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Marketing, Telemarketing, Compliance & Healthcare

AIHC

What compliance issues need to be considered when drafting a marketing strategy? Let’s take a closer look at potential compliance risks. As a reminder, telemarketing in healthcare must follow strict privacy regulations, such as the Health Insurance Portability and Accountability Act (HIPAA), Public Law 104-191 in the United States.

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Management of Hospital Policies and Procedures

Compliancy Group

As of 2024, preventable medical errors alone have become the new silent epidemic, and one method that practice managers and compliance officers use to prevent this issue is by managing their policies and procedures with compliance software.