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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.
Subscribe and become part of our community dedicated to excellence and innovation in healthcare compliance.
The Compliance Advantage
A Healthcare CEO's Guide to Compliance ROI (Part 2 of 3)
In this episode of the Compliance Advantage Podcast, Ross Ronan introduces the '3 Ps' framework: Profit Protection, Preferred Partner Status, and Patient Trust Equity, to help healthcare leaders measure the return on investment (ROI) of compliance programs.
Ross explains how to build and scale compliance on a budget, addressing issues unique to both lean and extensive programs. He also discusses the importance of a strong compliance officer, executive compliance committee, and disclosure program.
The episode provides guidance on when to ramp up compliance investments, methods to convince board members, and strategies for maintaining effective compliance programs. This episode is essential for healthcare executives aiming to transform compliance from an operational burden into a strategic asset.
00:00 Introduction to Compliance ROI
00:58 Welcome to the Compliance Advantage Podcast
01:45 Understanding Compliance ROI
02:44 The Three Ps Framework
07:14 Building Compliance on a Budget
14:05 Scaling Your Compliance Program
20:09 Making the Case to the Board
23:20 Conclusion and Next Steps
Connect with Ross
- LinkedIn: Ross Ronan
- Podcast Show Page: The Compliance Advantage
- Ross' Company: Ronan Healthcare Compliance