Fraud in the health care industry is widespread these days, and no health care system or individual practitioner is impervious to investigation. The best protection against these time-consuming and expensive investigations is a strong compliance program. To avoid becoming a target, here's what you need to know - and do.
Independent pharmacies have their work cut out for them when it comes to remaining compliant with ever-changing industry regulations. The mom and pop shops known for their personal service are subject to the same standards as their big-box counterparts. Here’s a rundown of DEA red flags and preventive measures to avoid violations.
Compliance and ethics often go hand in hand, but being in compliance doesn’t necessarily mean your organization is a bastion of ethical behavior. Fraud is unsettlingly common, and we’re not talking about the petty stuff. Having a deeply embedded ethical culture can protect against misconduct that comes with six-figure (or higher!) losses, causes significant reputational damage and ...
The SEC likes to reorganize, refocus and re-energize. In the last 10 years, the SEC has continued to reinvent itself. Whether it has been effective or not is still up for questioning.
Technology developments in many business areas will have strong impacts on important aspects of risk and compliance management in 2014.
If you’re a healthcare scofflaw - or just a little lax on the billing and reimbursement details in your medical practice – times are tough. And they’re getting tougher.
According to the Association of Certified Fraud Examiners, fraudulent use of purchase cards, or p-cards, is one of the most commonly occurring types of employee fraud, and a 2013 survey reveals that risk related to internal fraud and abuse is an area of highest concern.
I cannot think of any criminal enforcement actions against a corporation involving the Foreign Corrupt Practices Act (FCPA) where there was a lone wolf employee engaging in bribery and corruption on his or her own.
Most companies have experienced (or will experience) significant financial damage in their lifetime due to an unforeseen risk event. Companies that fail to proactively identify and prepare for these risks can easily be caught off guard, often exacerbating the financial impact and lengthening the ...
I want to focus on three points which the compliance practitioner can glean from Armstrong’s career and interview and how that information can be used to create a more robust ethics and anti-corruption compliance program...