July 31, 2015 | Aging Services Risk Management
Ferreting out and preventing fraud and abuse by providers in federally funded healthcare programs has been identified as one of the federal government's highest priorities. The significance of implementing corporate compliance programs has been underscored by the multimillion-dollar penalties that long-term care providers have paid to resolve cases of alleged fraud and abuse brought by the government.
The Patient Protection and Affordable Care Act of 2010 (PPACA) mandated the establishment of effective compliance programs for nursing facility operators by March 23, 2013.
The following components are required...