Cost-effective compliance for the small provider.
Small provider organizations often have limited resources with which to implement a compliance program. The Office of Inspector General (OIG) has indicated that a small organization may take a less formal approach to compliance and develop a compliance program that fits its budget and resources. But small providers should take seriously the need for a compliance program despite the OIG's greater latitude toward small organizations. Whatever the size of their budget, small providers should emphasize due diligence and good-faith approaches to compliance to demonstrate to investigators and employees that they have made compliance a priority. These efforts can encourage the OIG to look more favorably upon the organization in the event of a compliance breach and also can improve the organization's financial performance by improving overall management of the organization.
Fedor
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Murphy Austin Adams Schoenfeld LLP, Sacramento, California, USA. Ffedor@murphyaustin.com
D002017:Budgets; D003362:Cost-Benefit Analysis; D005377:Financial Management, Hospital / Q000331:legislation & jurisprudence / Q000379:methods*; D005607:Fraud / Q000517:prevention & control*; D019983:Guideline Adherence / Q000191:economics*; D014481:United States; D014483:United States Dept. of Health and Human Services