Compliance
Auditing & Monitoring

Audits and continuous monitoring are crucial elements that aid healthcare organizations in detecting and handling compliance risk areas. By collaborating closely, Compliance and Internal Audits utilize a well-structured approach and systematic measures to safeguard the organization from the consequences of non-compliance. At HYGIA, we partner with healthcare organizations to implement robust auditing and monitoring procedures, ensuring the identification and effective management of compliance risks.

Compliance Monitoring vs. Compliance Auditing

Continuous Compliance Auditing involves an independent review of the ongoing monitoring process to ensure that program managers are effectively fulfilling their monitoring duties. This includes confirming that controls are operating as intended and have successfully mitigated the risks of potential violations. Moreover, it verifies the prompt, effective, and sustainable implementation of corrective actions resulting from previous audits. HYGIA collaborates with compliance officers to establish comprehensive processes and plans to execute this responsibility.

On the other hand, Ongoing Compliance Monitoring is a perpetual effort carried out by program managers to ensure their operations consistently adhere to compliance risk areas, keeping pace with any changes in legal and regulatory requirements. It necessitates the provision of up-to-date written guidance to staff, conducting training sessions to ensure understanding, and vigilant monitoring of their compliance. HYGIA provides valuable support to Compliance Offices to develop and maintain an efficient compliance monitoring program.

Healthcare Internal Audit Services

The group of healthcare compliance experts at HYGIA offers comprehensive internal audit services that encompass various critical areas, such as:
  1. Yearly compliance audits
  2. Audits focusing on high-risk areas
  3. Addressing and resolving audit findings
  4. Execution of work plans and corrective actions
  5. Conducting specialized audits as requested by executive management, the Board, as part of due diligence, or under the guidance of legal counsel.

Services for Evaluating and Managing Internal Audit

HYGIA offers an assessment of the Internal Audit function by thoroughly evaluating the sufficiency and efficacy of internal controls. This evaluation also encompasses an examination of whether Internal Audit conducts audits in high-risk areas to ensure compliance with relevant laws, rules, and regulations, and whether the organization has effective controls in place.

Internal Audit Solutions

Internal audit holds significant importance for healthcare organizations. Nonetheless, several entities may face challenges in conducting assessments and operational audits in high-risk compliance domains due to limited expertise or resources. HYGIA's team of health care compliance auditors steps in to fulfill the role of internal audit by strategizing and conducting audits, analyzing discoveries, and formulating a remediation plan to address audit findings. Opting for outsourced internal audit services brings about cost reduction advantages and grants access to a diverse range of expertise that may otherwise be challenging to sustain internally.