Keep your hospital out of hot water – Following the letter of the law is key
Abstract: It’s critical that all hospitals abide by certain statutes and regulations. And it’s up to the facility’s board of directors or trustees to ensure that compliance is met on all levels. But as the amount of legal obligations continues to grow, it can place a huge burden on the hospital — financially and otherwise. This article looks at the risk for noncompliance in two areas — billing and reimbursement and fraud and abuse — along with other risks.