Frequently Asked Questions
How can you protect my healthcare organization and investment?
Ronan Healthcare Consultants knows how to protect your healthcare organization and investment because we have 25+ years of clinical, operational, and compliance experience.
As a result, we know how to apply and operationalize the Office of Inspector General’s guidance, plus the latest (2020) Department of Justice recommendations to advise, collaborate, and build compliance programs so you can become a leader in the healthcare industry.
What is Compliance Due Diligence?
Our Due Diligence process is different at Ronan Healthcare Consultants. We perform Compliance Due Diligence.
With Mr. Ronan’s 15+ years of experience as a Chief Compliance Officer with a large healthcare organization involved in countless mergers and acquisitions, we understand the specific compliance risks involved in healthcare that are often underestimated by financial and legal firms.
The problem with the typical Due Diligence is that it doesn’t look at exposures from a Compliance perspective which could leave you feeling uncertain at the end of the process.
Our Compliance Due Diligence Process includes:
A coding audit using a discovery sample of governmental paid claims over the past 12 months to identify any potential coding and billing issues. We manage the audit process, then analyze and interpret the data.
Using the Office of the Inspector General’s guidance of the “Seven Elements of a Compliance Program”, we gather information and evaluate the effectiveness of the target’s Compliance Program and any material compliance issues the current program is managing.
We conclude with an analysis of the overall risk level, the specific exposures, and recommendations for improvements.
What services do you offer?
Level 1: Advise
Advisory Services to get clarity with guidance on the ever-changing, complex regulations, and how they apply to your healthcare specialty.
Level 2: Collaborate
Strategy Services to receive a program review with recommendations to avoid unnecessary risk and exposure.
Level 3: Build
Compliance Program Implementation to protect your healthcare organizations and provide opportunities for growth.
Experienced Outsourced Compliance Officer/Staff
Comprehensive Compliance Programs
Audit Coordination and Compliance Due Diligence
Who are your typical clients?
Our typical clients are in the healthcare industry and our services work for:
Board of Directors
Private Equity Groups
How do I know if my healthcare organization has risk or exposure?
You can start by scheduling a call to discuss any concerns you may have. And in the meantime, take our FREE Quiz to determine the level of risk and exposure to your healthcare organization. So you can stop worrying about Compliance and instead focus on becoming a leader in the healthcare industry.
If I am under investigation, can Ronan Healthcare Consultants help?
Yes. Ronan Healthcare Consultants evaluates and addresses any internal exposures, so your organization can be prepared for any outcome.
What are the "Seven Elements of an Effective Compliance Program"?
1. Designated Compliance Officer and Compliance Committee
2. Written Policies/Procedures and Code of Conduct
3. Effective Education and Training
4. Effective Lines of Communication Through a Well-Publicized Disclosure Program
5. Internal Auditing and Monitoring
6. Enforcement of Standards Through Well-Publicized Disciplinary Guidelines
7. Prompt Response to Detected Problems Through Corrective Action Plans
Compliance Programs You Can Trust
Most compliance professionals lack access to the resources and expertise to manage an effective compliance program. At Ronan Healthcare Consultants we help simplify the process to build an effective program that protects the organization and facilitates strategic growth.
Ross R. Ronan
JD, BSN, CHC, CMPE