In this episode, I will discuss the OIG November 2023 Compliance Officer Roles and Responsibilities guidance. The compliance officer has a responsibility to develop policies and procedures, conduct risk assessments, provide education and training, and promptly investigate any reports of abuse or fraud. They must also foster a culture of open communication and transparency within the organization and have open access to the board to report concerns and updates on the compliance program.
OIG refers to the COSO framework as a reference point when evaluating an agency’s risk managment program. The framework provides a structured approach to deal with complex healthcare facility problems. https://www.coso.org/erm-framework
