This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This does present an opportunity, however, as time has created both new service models and a deeper understanding of the needs of behavioral health. Practices have needed technology that understands this requirement and is purpose-built for the more frequent and relationship-driven nature of behavioral healthcare.
This recognition further validates BIS as a critical tool in lymphedema management and presents a significant opportunity for ImpediMed to expand its reach, driving broader adoption of the SOZO Digital Health Platform across breast cancer centers nationwide. For more information, visit impedimed.com.
Health Insurance Portability and Accountability Act (HIPAA) can present several areas of exposure. What’s more, core human rights duediligence principles, such as the United Nations Guiding Principles on Business and Human Rights (UNGPs), further influence how businesses should navigate these risks.
Both Particle Health and Epic presented their claims with supporting documentation, ensuring a fair and balanced evaluation. Onboarding Diligence: While Particle Health conducted duediligence during customer onboarding, it failed to uncover inaccuracies in the information provided.
Which healthcare sectors do you believe will present the most promising opportunities? For your specific business, engage with a firm to perform a sell-side financial duediligence analysis to understand how buyers will view your EBITDA. Lastly, don’t lose focus on operations.
This includes thorough duediligence before onboarding new vendors, continuous monitoring of their security practices, and clear contractual agreements that outline security expectations. Vendor Risk Management: Implementing a robust vendor risk management program is crucial.
It’s not enough to simply do what you think is correct based on past experience, if a breach happens and no duediligence is present the consequences are severe. In Conclusion Ensuring solid documentation of HIPAA compliance is crucial for cybersecurity.
Earlier this year, a PBM denied several pharmacy audit appeals because pharmacies were not compliant with the provider manual when presenting their appeal paperwork. Namely, the additional documentation presented by the pharmacy lacked pharmacy NABP number, prescription number, and date of fill.
This Safe Harbor Policy (“Policy”) is aimed at incentivizing acquiring companies to identify and timely disclose misconduct discovered during the duediligence and post-acquisition integration process. Transactions that might have been abandoned or restructured due to the discovery of misconduct can now potentially move forward.
This duediligence can significantly reduce malpractice claims risk and protect patients and institutions. Challenges in Managing Multiple Types of Credentialing Managing the various types of credentialing in healthcare presents significant challenges for administrators and compliance teams.
She presents her findings to the team. Conduct duediligence when acquiring data-combing software, be transparent about research with staff and clients, and make sure to adhere to local and national policies. The last thing to keep in mind as businesses make greater plans for data collection and analysis is privacy measures.
Another aspect that makes API building for healthcare players an uphill task is that the FHIR API is presently limited in its usability and lags behind the FHIR adoption curve across the industry. As it is said, “you can have security without privacy, but you can’t have privacy without security.”.
In the present case, the FTC alleged that three oil companies, including XCL Resources, EP Energy and Verdun Oil, jumped the gun when they engaged in significant coordination and shifted substantial operational controls prior to the expiration of the HSR waiting period.
The platform can be used for corporate communications, onboarding, training , and scheduling, and for conducting wellness checks with frontline workers – an engagement activity that is practically essential in the healthcare industry at present. For many Covered Entities, there are cheaper options.
Age or presentation of patient (e.g., If any of the above are present, the pharmacist must document how the red flags were resolved. The pharmacist, however, failed to document these inquires and we had no evidence (besides the pharmacist’s statement) that the pharmacy performed its duediligence in filling these scripts.
In the present case, the FTC alleged that three oil companies, including XCL Resources, EP Energy and Verdun Oil, jumped the gun when they engaged in significant coordination and shifted substantial operational controls prior to the expiration of the HSR waiting period.
Direct patient care, however, presents the most striking reason to keep data and make it useful and immediately accessible; clinical decisions and medication management rely on the ability of each provider to understand the full patient.
Depending on the status of financial duediligence, the parties may wish to specify a closing cash target and working capital peg, and appropriate collars for purchase price adjustments if the closing working capital is above or below the peg (or outside of the range). Define purchase price adjustments.
The Tool presents developers of mobile health apps with a series of questions to help them understand which federal laws and regulations may apply. The Tool does not present a comprehensive list of laws and regulations that may apply to mobile health apps. Regulatory Landscape. Practical Takeaways.
In addition, hospitals and medical associations have generally expressed serious concerns about the Part II regulations, including regarding use of the QPA as the presumptive choice for establishing payment rates under these circumstances, as well as the administrative burden presented.
You can use publicly available data to perform some initial duediligence. The key to compliance is ensuring that no remuneration is tied to past, present, or future referrals or business associated with federal healthcare programs. The CMS Open Payments website is a good place to begin.
OIG may exclude the provider if certain circumstances regarding the ownership are present. Although an exclusion does not directly prohibit the excluded person from owning a provider that participates in Federal health care programs, there are several risks to such ownership.
By maintaining up-to-date records and conducting regular re-credentialing, healthcare organizations can demonstrate duediligence in ensuring their nursing staff meets all regulatory requirements. While essential for ensuring patient safety and regulatory compliance, it often presents several hurdles.
Furthermore, speaker programs present serious optical and reputational risks since the speakers represent the pharmaceutical company. Anti-kickback statutes loom large over physician payments, while the off-label promotion of a medication during Q&A sessions is a challenge.
Code of Federal Regulations (CFR) have, as a result, become the best standard for duediligence. Create a Credentialing Process Be clear on what you expect your providers to present to you for all background checks and scans as well as for payor enrollment purposes. CFR regulations (U.S. That way, you will be able to streamline.
AI tools will enhance clinicians ability to process vast amounts of data, identify trends and present anomalies, ultimately making them more productive and effective in their diagnoses. The current landscape reveals a concerning statistic: merely 5.8% of eligible former smokers in America undergo CT-based lung cancer screening.
Third-Party Vendor Assessment: Duediligence is required to thoroughly vet third-party vendors and their cybersecurity practices. Strong access control mechanisms should be implemented to prevent improper access to AI systems, underlying training models and infrastructure, and private patient records.
Medical records, which most courts eventually recognize plaintiffs should have as part of their Rule 11 duediligence. Under the circumstances presented here, the Court concludes that the costs are properly taxable. Defendants who spend hundreds of thousands of dollars to obtain copies of plaintiff’s medical records.
Illinois decision in another case remanded from that MDL, the court in Gulledge denied plaintiff’s request to depose the sales reps who were present in the operating room at the time of her implant surgery and her revision surgery. Taking its cue from both the Pinnacle Hip Implant MDL and a N.D. DePuy Orthopaedics, Inc., LEXIS 54471 (N.D.
Defendants would have been aware of such reports because each defendant had a corporate security group that would have tracked them as part of its duediligence. Presence at the time of the tortious conduct – “[T]hese defendants were not physically present at the attacks on plaintiffs.”
We organize all of the trending information in your field so you don't have to. Join 26,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content