In element six, we discussed promoting open lines of communication, which is part of the 7 Elements of an Effective Compliance Program. However, we end this series by advising you to enforce disciplinary standards and well-publicized guidelines within your practice.
Every practice must promote credibility and integrity within their compliance program, which should come in the form of a written statement that is visible and explained thoroughly to your staff.
The OIG recommends that practices must ensure appropriate sanctions, which includes:
Restitution of damages
As always, all findings must be documented in compliance files just in case the government performs an audit.
To continue learning more about the 7 Elements of an Effective Compliance Program, review the OIG Compliance Guidance that applies to your sector for more details.
**The opinions and observations from the group/author are not a promise to exempt your practice from fines and penalties. Research, modify, and tailor the advice to fit your specialty.