welcome to Risk Management Module
Compliance risk management is critical to the success of regulatory compliance operations.
A robust risk management program allows health care organizations to identify weaknesses in internal controls and systems,
and minimize financial and other losses by reducing exposure to potential overpayments, civil or criminal penalties,
and administrative sanctions, such as program exclusions.
Compliance risk management is a continuous, dynamic process of gathering, analyzing and updating information to ensure ongoing compliance with government rules and regulations. The process begins with identifying, analyzing, and prioritizing regulatory risks associated with daily operations, and continues with the remediation of risks, and the monitoring, auditing, and routine reporting of control strategies. Risk Management is a four-step process involving:
The Risk Management module offers tools to help you through each of these four steps. The information and tools provided are designed to help health care professionals assess, mitigate, audit, investigate and manage risks throughout their system.
Compliance risk management is a continuous, dynamic process of gathering, analyzing and updating information to ensure ongoing compliance with government rules and regulations. The process begins with identifying, analyzing, and prioritizing regulatory risks associated with daily operations, and continues with the remediation of risks, and the monitoring, auditing, and routine reporting of control strategies. Risk Management is a four-step process involving:
- Risk Assessment
- Risk Remediation
- Risk Area Monitoring and Auditing
- Risk Reporting
The Risk Management module offers tools to help you through each of these four steps. The information and tools provided are designed to help health care professionals assess, mitigate, audit, investigate and manage risks throughout their system.
