Episode 364 - #TerryTuesday - Understanding Third-Party Auditor
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Episode 364 - #TerryTuesday - Understanding Third-Party Auditor
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Summary
In this episode, Sean and Terry discuss various challenges in healthcare compliance, including the importance of networking, the role of third-party auditors, and the necessity of due diligence in verifying information. They delve into Medicare and Medicaid regulations, telehealth compliance, and the consequences of ignoring audit findings. The episode concludes with a celebration of their podcast's achievements and contributions to the field.
Takeaways
- Networking is crucial for healthcare professionals.
- Due diligence is essential in verifying compliance information.
- Third-party auditors can sometimes provide inaccurate information.
- Medicare and Medicaid regulations can be complex and interrelated.
- Telehealth regulations require providers to be licensed in both states.
- Ignoring audit findings can lead to larger financial repercussions.
- Healthcare providers must understand both national and state policies.
- Consultants can help navigate complex compliance issues.
- The podcast has achieved recognition as a top regulatory compliance podcast.
- Collaboration and sharing knowledge is vital in the healthcare industry.