Risk Management

With all of the laws, regulations, guidelines and rules that apply to the operation of healthcare facilities, running a medical practice always involves a certain amount of risk. To protect your practice from revenue loss, legal penalties and other problems, you must minimize this risk as much as possible.

Practice Provider's risk management solutions identify all of the possible sources of risk within your practice and deal with them individually. Our team of experts understands all of the nuances of the federal and state laws, industry regulations and guidelines your practice is expected to follow, and we can monitor your operations to ensure that you are complying with all of them. As your risk management provider, we will:

• Make sure you understand the components of a proper compliance program, including standards of conduct, designation of a compliance officer, effective training, effective lines of communication, auditing and monitoring, disciplinary guidelines and corrective action initiatives.
• Help you develop and implement a compliance program for federal and state laws and regulations.
• Ensure that your billing system uses Medicare's incident to rules properly and clear up any misconceptions regarding this issue.
• Help you perform proactive self audits to ensure that your medical records comply with applicable regulations and that all coding is accurate.

With so much at stake, you need to know that your practice is taking every possible step to prevent financial and/or legal problems. Let Practice Provider develop a customized risk management program for your practice that proactively reduces all potential risks.