The Compliance Advantage
Welcome to "The Compliance Advantage," (formerly the Compliance Leadership Lounge) hosted by Ross Ronan, a seasoned luminary in the healthcare compliance sphere. This podcast serves as your premier destination for unravelling the complexities of healthcare compliance, blending Ross' extensive background in nursing, legal expertise, and two decades of compliance experience.
Each episode is a deep dive into the crucial interplay between regulatory compliance and healthcare operations, featuring candid conversations with industry leaders, government officials, and the minds shaping today's healthcare landscape.
Ross, known for his dynamic approach to compliance as both a shield and a strategic partner, guides listeners through the intricacies of creating a culture of compliance within healthcare organizations. Whether tackling administrative challenges, civil and criminal matters, or fostering equitable practices, Ross' insights ensure listeners are well-equipped to navigate the ever-changing healthcare compliance environment.
Join us on "The Compliance Advantage" for a journey into the heart of healthcare compliance, where integrity, equity, and leadership converge to redefine the business of medicine.
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The Compliance Advantage
Strategic Compliance: Million Dollar Settlements & How to Safeguard Revenue
In this episode of the Compliance Advantage podcast, host Ross Ronan and producer Kami Reyna delve into the essentials of federal health care programs and the importance of compliance in healthcare organizations.
The discussion includes a breakdown of major federal health care programs like Medicare, Medicaid, CHIP, and TRICARE, emphasizing the critical need for regular audits and adherence to compliance guidelines. Ross shares real-world case studies, including significant settlements involving healthcare providers and insurers, to illustrate the financial and reputational risks of non-compliance.
The episode underscores the strategic value of a robust compliance program, highlighting that every dollar invested in compliance can save significantly in penalties and lost revenue.
They also stress the necessity of fostering a culture of compliance within organizations, backed by data from authoritative sources like the DOJ and Harvard Business Review. Finally, Ross challenges listeners to assess and improve their compliance programs to turn compliance from a cost center into a strategic asset.
01:01 Understanding Federal Healthcare Programs
03:25 Importance of Compliance Programs
05:14 Case Studies and Real-World Examples
07:48 The Compliance Advantage
09:15 Misconceptions About Compliance
14:04 Compliance as a Strategic Asset
15:17 Building a Culture of Compliance
24:57 Leadership's Role in Compliance
30:03 Final Thoughts and Challenge for CEO's and Board Members
Connect with Ross
- LinkedIn: Ross Ronan
- Podcast Show Page: The Compliance Advantage
- Ross' Company: Ronan Healthcare Compliance