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Preemptive Compliance Reviews: A Business Development Strategy

August 08, 2020

Without a threatening letter from a regulatory agency or an external investigation from a large client, it can be difficult for a healthcare vendor or provider to justify developing a compliance program.

Today’s consensus is that limited financial and human resources would be better served for market growth or another revenue-generating initiative.

However, the sooner a healthcare organization emphasizes operational compliance, the more likely it is to avoid costly issues down the road. Early compliance can also serve as a potential growth opportunity—and even a competitive advantage in a market saturated with vendors and providers.

Click here to read the full article.

This article was originally published in The Journal of America’s  Physician Groups Summer 2020.

 



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