Having a properly functioning hotline is critical for an effective compliance program. Both the DHHS OIG and DOJ in their guidance and guidelines stress the importance of maintaining confidential compliance communication channels that include an available hotline for all employees. This webinar is for those establishing their hotline program, as well as those with an existing program who are interested in evaluating and improving effectiveness. ...
Payer-provider relationships have long been marked by tension and challenges. As payers hold the purse strings, providers often find themselves constrained by rules that influence their ability to secure timely payments. Providers are now grappling with rising compliance costs and administrative burdens. For example, an alarming 78 percent of providers, according to the American Hospital Association, believe their payer relationships are deteriorating. Moreover, the burden of compliance is ...
Maintaining the privacy and security of patient information is of utmost importance in the healthcare industry, especially when addressing HIPAA compliance challenges. Below, we explore key statistics from The HIPAA Journal’s State of HIPAA May 2023 report, shedding light on HIPAA compliance and the challenges healthcare entities face in protecting patient privacy. The OCR: Enforcement, Challenges, and Settlements In recent years, the HHS Office for Civil Rights ...
At SAI360, we are committed to sharing knowledge to help our communities and risk leaders. One area that is unavoidable in business today is cybersecurity – business is more digital than ever, and threats continue to rise – with increasing ways that threats can delay, disrupt, or destroy business operations. As part of our continued relationship with Gartner®, we want to share this research note: ...
The Corporate Sustainability Reporting Directive (CSRD) aims to enhance sustainability disclosure requirements, beginning with large companies in the European Union (EU) market. It introduces more extensive and ambitious reporting requirements compared to its predecessor, the Non-Financial Reporting Directive (NFRD). CSRD differs from the Global Reporting Initiative (GRI) in its approach, instead emphasizing transparency in policies, procedures, and measures. This shift ensures organizations demonstrate real actions rather ...
The European Commission took a giant leap forward toward fulfilling the European Green Deal with its adoption of the European Sustainability Reporting Standards (ESRS) on July 31, 2023. These standards outline not only what sustainability data participating companies will be required to disclose for the Corporate Sustainability Reporting Directive (CSRD), but also how information is to be reported. Before we take a closer look ...
The Corporate Sustainability Reporting Directive (CSRD) replaces the European Union's (EU’s) current Environmental, Social, and Governance (ESG) directive, the Non-Financial Reporting Directive (NFRD), and requires companies in scope to comply with the European Sustainability Reporting Standards (ESRS). CSRD compliance is critical. To ensure your organization is well-prepared and able to provide reliable and trustworthy data covering the scope of the data points (with over 1,100 ...
Download With the overall goal being to improve transparency and accountability, technology plays a pivotal role in simplifying the challenges around risk and control management, audit and assurance policy disclosures, and your statutory annual resilience statement. To understand more, read our e-book where we discuss: An introduction to the UK Corporate Governance Code A breakdown of key changes The role of technology in corporate ...
For the first time in half a decade, the UK Corporate Governance Code is undergoing a significant transformation. The Code will provide extensive shifts in the responsibilities and obligations of larger organisations in the UK, leading to standards of good practice through emphasis on robust risk management. Perhaps the most significant proposed changes to the Code affect the parts covering audit, risk, and internal controls. ...
In today’s complex and ever-changing business landscape, organizations face a multitude of challenges that demand effective management and oversight when it comes to internal controls. Among these challenges, governance, risk, and compliance (GRC) emerge as essential pillars to ensure the stability, resilience, and ethical conduct of a firm. The importance of GRC therefore cannot be overstated, as it encompasses the systematic management of governance frameworks, ...
