Corporate Compliance

Tip: How to keep the board of directors updated

Compliance Monitor, December 17, 2008

The compliance officer must inform the board of directors about the basic responsibilities of compliance programs and all the regulations that impact healthcare compliance. This remains one of the compliance officer’s biggest challenges.
 
The compliance officer must constantly update the board members about any changes or potential changes to rules and regulations. He or she must outline healthcare trends that impact the board of directors’ ability to provide effective organizational oversight.
 
One method is to provide a compliance and regulatory update during each scheduled board meeting. Couple this with either a monthly or quarterly newsletter to the board and senior leadership that highlights new and ongoing regulatory changes.
 
This tip was adapted from The Healthcare Compliance Professional’s Guide to Board Reporting. For more information about the book or to order your copy visit the HCMarketplace

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