HIPAA Corporate Compliance for Hikanos County Hospital Business Essay (Essay Sample)
CORPORATE COMPLIANCE PLAN:
First, create a company in the healthcare industry. It can be a hospital or pharmaceutical manufacturer. You have been hired by this company as the Compliance Team from the FIU Business Consulting Firm to write a corporate compliance plan. You will then be required to present that plan to the company board of directors and management. This is a publicly traded company. This company will soon be audited and must be able to demonstrate compliance with the regulations and an understanding of its internal risk assessment. Your compliance plan must show regulators and stakeholders that the company has a new vision and internal controls to prevent problems from occurring in the future.
Use the assigned course readings as guidance and a roadmap (See attached presentation). Your team can focus the compliance plan on Stark compliance or Anti-kickback compliance or HIPPA compliance or internal risk assessment or a combination of these regulations. Compliance Plan and prepare the presentation to the company board and management which will take place in-class. Make sure to briefly address all 7 categories of the required components (see below). Then, depending on the industry that you have chosen and risk factors peculiar to that industry, design your plan to include an in-depth analysis of at least 4-5 specific compliance standards and whatever other action or activities your team believes are required to ensure compliance with the regulations.
HIPAA Corporate Compliance Plan
Student Name
Institutional Affiliation
HIPAA Corporate Compliance Plan
Hikanos County Hospital has been in the healthcare industry for the last 15 years. Compliance with the Health Insurance Portability and Accountability Act has enabled the organization to develop and implement data privacy and security policies to safeguard patient information at all care levels. Hikanos County Hospital has also developed structural frameworks to ensure insurance portability and administrative simplification in the acquisition of healthcare systems to promote better patient outcomes. This audit report presents an evaluation of the organization’s level of compliance based on the applicability of the written policies and standards of conduct, the designation of compliance staff, implementation of training programs, and ongoing compliance monitoring. The report also addresses issues related to reporting channels and disciplinary policies for non-compliant employees. The analysis of specific compliance standards at Hikanos County Hospital provides insights into the actionable measures that have been put in place to ensure compliance with all healthcare regulations. Moreover, the audit report illustrates the new vision and internal control measures that the company has implemented to prevent potential compliance issues in the future.
HIPAA Compliance Categories
Written standards of conduct, policies, and procedures
Hikanos County Healthcare facility has created and implemented specific written policies, procedures, and standards of conduct that all employees are required to follow when handling privacy issues in the care process. The policies outline reporting levels and response procedures that nurses and physicians should follow in the process of identifying potential threats to patient privacy and data security. This is, especially due to the increased scope of cyber threats in the use of electronic health records. Nurses and physicians are required to maintain the privacy of patient information by non-disclosure policies that prohibit sharing or use of the data for other purposes except treatment (Muller, 2014). Moreover, the company employees have been provided with clearly written procedures for blocking hacking attempts before reporting to the technical team.
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