Can Governance, Risk, and Compliance (GRC) technology help banks build an ethical culture and combat the global Banking crisis? Last summer, a wave of panic took over the global banking sector. Many factors were at play, from Europe’s negative interest rates to Asia’s rapid digital transformation. Taken together, these factors shape a broader, globally interconnected banking narrative. One worth paying close attention to. As highlighted ...
The strategic integration of Governance, Risk, and Compliance (GRC) with continuous learning is not just beneficial—it's become a critical business imperative. This dual integration becomes particularly vital in managing risk, complex ethical conflicts and regulatory compliance. The evolution of Ethics and Compliance (E&C) training programs was first noted two years ago, in SAI360's report, "2022 Global Insights: Evolving Ethics and Compliance Training Program Practices," which ...
The increased emphasis on the necessity of strong compliance programs in organizations has become more prominent than ever before, particularly in the realm of preventing fraud and corruption. Effective compliance programs—no longer optional—are a fundamental aspect of corporate governance. Organizations are now expected to integrate these programs deeply into their cultural fabric, ensuring they are equipped to prevent and address fraud and corruption actively. Organizations ...
Embark on a comprehensive exploration of the Two-Midnight Rule with renowned health care reimbursement and operations expert, Day Egusquiza in this follow up to her "Two-Midnight Rule Nightmares" webinar. Gain valuable insights into the current landscape as we delve into the Two-Midnight Rule after its implementation.
Embark on a comprehensive exploration of the Two-Midnight Rule with renowned health care reimbursement and operations expert, Day Egusquiza in this follow up to her "Two-Midnight Rule Nightmares" webinar. In this webinar, intended for healthcare providers, you can gain valuable insights into the current landscape as we delve into the Two-Midnight Rule after its implementation. This webinar will provide an in-depth analysis of where the ...
SAI360, in collaboration with Strategic Management Services, recently released the findings of their 3rd Annual HIPAA Compliance Survey. This 2024 HIPAA Benchmark Report offers valuable insights into how healthcare organizations structure and maintain their HIPAA Privacy Programs. Below are key findings about the current state of HIPAA compliance. Leadership Support in HIPAA Program Structure and Oversight The survey highlights strong support from executive leadership and Boards ...
The Two-Midnight Rule is a Medicare policy determining when inpatient admissions are appropriate for payment under Medicare Part A. This rule is crucial for hospitals, physicians, and healthcare administrators to understand, as it significantly impacts hospital payment and beneficiary cost-sharing. Understanding and complying with the Two-Midnight Rule is essential for healthcare providers to ensure appropriate Medicare billing and to avoid potential financial penalties. Specific actions are needed, ...
Thank you for your interest in the 2024 HIPAA Benchmark Report Download Strategic Management Services, in partnership with SAI360, presents a comprehensive look at the current state of HIPAA Privacy Programs through our 3rd Annual HIPAA Compliance Survey, conducted in November 2023. This survey, which garnered insights from various healthcare providers across the United States, sheds light on the intricacies of HIPAA program structures, ...
As cyberattacks become more sophisticated, phishing attacks remain one of the top cybersecurity threats faced by businesses globally. According to Proofpoint, 83 percent of organizations fall victim to a scam attack every year. These attacks aim to trick employees into disclosing sensitive data or granting system access, leading to potential breaches that can cost millions in damages. Phishing attacks and phishing schemes are becoming more ...
HIPAA Benchmark Report As 2024 presses on, healthcare organizations are finding themselves amidst a sea of evolving challenges and opportunities in compliance with HIPAA (the Health Insurance Portability and Accountability Act). In a landscape shaped by the ongoing effects of COVID-19, changing federal and state regulations, and heightened public awareness of data privacy, staying afloat requires adaptability, foresight, and robust compliance strategies. Strategic Management Services, ...
