Services
Healthcare Corporate Compliance
Healthcare Corporate Compliance
At Abundance of Solutions, we understand the importance of healthcare corporate compliance and the impact it has on your organization's reputation and bottom line. We develop and implement processes that ensure legal, ethical, and professional standards are met and communicated throughout your healthcare organization. Our experienced compliance officers are dedicated to monitoring tasks that are highly vulnerable to fraud and other violations to minimize any potential risks to your organization.
We specialize in a range of areas related to Governance, Risk, and Compliance, including Tax Exemption, Stark Law, EMTALA, Foreign Corrupt Practices Act, Internal Audit and Assurance, False Claims Act Defense, Kickbacks and Patient Inducements, Exclusion Law, healthcare data validation, and more. Our goal is to help your organization identify and prevent any potential violations and risks of misconduct.
Civil Monetary Penalties Law
One area of focus for us is the Civil Monetary Penalties Law. Under this law, the Office of the Inspector General may pursue violations of the anti-kickback statute, resulting in significant monetary penalties that can cost an entity up to $50,000 for each illegal act. This may also also include assessments of up to three times the amount of the kickback and exclusion from participation in Federal Healthcare Programs. Under the Civil Monetary Penalties Law, the Office of the Inspector General may pursue violations against those who are defrauding Medicare/Medicaid or engaging in misconduct. Our goal is to both prevent any violations and to identify any risks of misconduct.
False Claims Act
The False Claims Act is the federal government's primary civil enforcement tool that addresses healthcare fraud. The government may impose penalties against anyone who knowingly submits false or fraudulent claims to the federal government.Our compliance officers routinely review claims to verify correct coding and accuracy to avoid false claims and potential penalties. We work with your organization to identify any risks of false claims and take proactive measures to mitigate those risks.
Anti-Kickback Statute
The Federal Anti-Kickback Statute is a criminal offense where an entity knowingly and willfully offers or pays remuneration to induce the referral of federal healthcare programs. We can assist you in reviewing claims, partnerships and referrals to identify any risk of violation.
Safe Harbors
Safe Harbors are statutory exceptions that grant protection from/reduction in penalties or liability if certain conditions are met. Our Compliance Officers will be able to advise you on the most updated and accurate regulations related to Anti-Kickback safe harbor exceptions so that you can protect yourself from possible penalties without halting any business endeavors.
