Vendor compliance #checks have #verification processes in place to ensure that #suppliers adhere to the company's policies, standards, and regulations. #vendor #compliance checks typically include verifying the #financial stability of the #organization, #certifications, adherence to legal requirements, quality assurance and control, and adherence to ethical principles, among others.
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Protect your #healthcare #organization from hefty penalties by outsourcing #oig #exclusion #screening to specialists. Our #service conducts thorough #checks against federal/state databases to ensure no excluded #individuals or entities are in your workforce or #vendor #network.

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Performing a complete verification with vendor compliance checks is an essential step in ensuring that your business partners align with your company’s legal, ethical, and operational standards. This process involves a thorough evaluation of vendors through documentation review, background screening, regulatory compliance assessments, and risk analysis.

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CMS Open Payments is a transparency program by the Centers for Medicare & Medicaid Services (CMS) that tracks payments and transfers of value from drug and medical device companies to healthcare providers. The goal is to provide public insight into financial relationships that may influence medical decisions.

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OIG screening refers to the process of checking individuals or #entities against the #office of #inspector #general’s (OIG) List of Excluded Individuals/Entities (LEIE). This list includes those excluded from participating in federally funded healthcare programs due to scams, abuse, or other violations. #healthcare #organizations use #oig #screening to ensure #compliance and avoid #penalties by not hiring or doing #business with excluded #parties.

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