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What is GRC in Healthcare?

Verisys

It emphasizes conducting activities transparently, ethically, and in a manner that secures the trust of patients, staff, and stakeholders alike. This holistic approach to governance ensures that decisions are informed by a comprehensive understanding of the hospital’s overall performance and its implications for patient care.

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The Devil may be in the Details of the Part II No Surprises Act IFR

Health Care Law Brief

The “thumb on the scale” QPA presumption may have less of an impact on providers that are “must-haves” for a plan based on clinical importance, or high patient-satisfaction scores. But for other providers and facilities, the impact is likely to be greater.

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2024 New York Budget Proposes Wide-Ranging Transaction Approval Requirement That Targets Private Investment in Physician Practices and MSOs, and Permits DOH to Extract Concessions

Health Care Law Brief

There is no mention of alternative sources of capital for large physician practices, uptake of electronic and value-oriented care, or patient satisfaction.