New Collaboration Brings Advanced Advisory Services to Healthcare Organizations Leveraged by ComplyTrack, a Governance, Risk, and Compliance Software Platform
NEW ORLEANS, LA â€“ Compliance Partners announces an agreement with Wolters Kluwer Legal & Regulatory Solutions U.S. to help healthcare organizations streamline and manage compliance amidst shifting regulatory guidelines. This collaboration will allow Compliance Partners to deliver customized, comprehensive healthcare compliance services and software solutions utilizing ComplyTrack premier enterprise-level risk and compliance software from Wolters Kluwer. Created expressly for the needs of healthcare organizations by two groups known for their deep knowledge of this market and its needs, this solution will empower organizations to keep up with complex and rapidly changing regulations.
New guidelines and rules created by the Patient Protection and Affordable Care Act (ACA) have created challenges for healthcare organizations throughout the country, particularly when it comes to compliance, risk, and quality. Healthcare organizations of all sizes must manage and stay up-to-date with these regulatory changes in order to avoid major penalties for non-compliance. This new solution, which leverages industry leading enterprise-level risk and compliance software from Wolters Kluwer and managed via Compliance Partnersâ€™ holistic approach to compliance and risk management, will help fill resource gaps by providing the ongoing advisory support and customized compliance capabilities healthcare organizations need to stay informed and remain audit-ready.
“Healthcare organizations of all sizes are dealing with complicated changes in compliance regulations,â€ said Heidi Redmond Raines, CEO and President of Compliance Partners. â€œOur solutions enable providers to focus on the communities they serve without the worry of punitive compliance penalties and enforcement actions. This allows them to concentrate their limited resources on what it is they do best â€“ providing high quality healthcare to their patients.”
“It is mission-critical for healthcare organizations of any size to have the knowledge and tools they need in order to meet more complex reporting requirements and respond to the increased probability of audit,â€ says Tim Feldman, General Manager, Healthcare Compliance & Reimbursement at Wolters Kluwer. â€œRegulatory demands are growing, while reimbursement is shrinking. By leveraging ComplyTrack, the Compliance Partners team can help their clients automate processes and make compliance programs as efficient and effective as possible. We also recognize that protecting information is mandatory in this environment. Our solution is configured for each specific organization, ensuring the secure and restricted access required to track and demonstrate progress of compliance programs over time, identify areas of recurring risk, and ways in which to mitigate it.”
About Compliance Partners
Compliance Partners has developed comprehensive compliance solutions that include dedicated support staff, on-going advisory services, up-to-date regulatory content and best-in-class software. The mission of Compliance Partners is to make compliance and risk management accessible, manageable, and cost effective. Compliance Partnersâ€™ team has over 100 years of collective experience in compliance and risk management. Headquartered in the New Orleans BioInnovation Center, the team has created, organized and managed more than 1,000 healthcare centers across the country.
For more information visit www.CompliancePartnersUS.com.
About Wolters Kluwer Legal & Regulatory Solutions U.S.
Wolters Kluwer Legal & Regulatory Solutions U.S. (www.wklawbusiness.com) delivers expert content and solutions in the areas of law, corporate compliance, health compliance, reimbursement, and legal education. As part of Wolters Kluwerâ€™s Legal & Regulatory Solutions division, our practical solutions help customers successfully navigate the demands of a changing environment to drive their daily activities, enhance decision quality and inspire confident outcomes.
For compliance and reimbursement professionals in the healthcare industry, we are a leading source of integrated compliance and risk management, reimbursement and workflow solutions. These include our MediRegs platform, ISAM security and risk assessment tool, and the award-winning ComplyTrack suite that allows health care professionals manage every aspect of their Governance, Risk and Compliance (GRC) programs. Healthcare compliance and reimbursement professionals rely upon these solutions to confidently and cost-effectively navigate workflows amid a constantly changing and increasingly complicated healthcare environment.
Wolters Kluwer Legal & Regulatory Solutions U.S. is part of Wolters Kluwer (www.wolterskluwer.com), a market-leading global information services company. Wolters Kluwer reported 2014 annual revenues of â‚¬3.7 billion. The group serves customers in over 170 countries, and employs over 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).