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We've received several questions regarding the Business Associate Agreements practices must have to comply with changes under HIPAA's Privacy and Security rules.
Status lets companies consider more than the financial bottom line when making decisions
We're thrilled to report that PCC has been recognized under Vermont state law as a Benefit Corporation - a corporate model which gives "for profit" companies the ability to focus on solving social and environmental problems.
PCC's submission to become a benefit corporation was approved by the state this week. Company shareholders voted for the restructure earlier this year.
"Going forward, we can now officially balance the interests of our employees, customers, environment, and community with that of our shareholders," PCC President John Canning said.
With the Department of Health and Human Services' Office for Civil Rights (OCR) poised to crack down on enforcing HIPAA's Privacy and Security rules, practices should plan now for a possible audit.
It may be a smart move, especially if your practice is having trouble handling its current work volume and your goal is to expand.
But before you put that ad in PedJobs, ask yourself this question: can my practice really afford to pay another associate and ensure profitability at the same time?
As the former office manager of a 14-doctor pediatric practice, Paul Vanchiere is no stranger to the delicate business of handling patient complaints.
From the dad who rails about a co-pay, to the mom repulsed by the balled-up Kleenex stuck in a waiting room chair, all complaints, Vanchiere suggests, should be embraced by providers and staff alike as "opportunities for improvement."