Managing Arrangements
Would all of your financial arrangements survive close scrutiny?
Many long-standing and necessary arrangements with physicians and other health
care providers are under the microscope as a part of ongoing investigations,
recent settlements, and state and federal legislation. In today's climate, financial arrangements with potential referral sources must be diligently
managed to avoid very costly mistakes.
Financial Arrangements Include:
| Service & Consulting | Commercial | Benevolent |
| Clinical Study |
Lease |
Sponsorship |
| Research |
Direct Purchase |
Grant |
| Advisory |
Investment |
Fellowship |
| Presentation |
Royalty |
Charitable Donation |
| Design |
|
Patient Education |
| Education |
|
|
Lessons from the OIG and Department of Justice
With multi-million dollar settlements commonplace, smart companies are embracing
compliance technology.
Recent OIG Corporate Integrity Agreements
reveal that government agencies expect organizations to use technology to
enhance compliance around such risk areas as Consulting Agreements, Research
Grants, Educational Programs, and Clinical Studies and that the implemented
technology should demonstrate that true internal controls
are in place to ensure policies and procedures are followed.

R2: Combining Expert Compliance Knowledge with Leading Technology
R-Squared has combined the compliance knowledge from leading health lawyers,
compliance officers, and industry organizations with lessons learned from OIG and DoJ enforcement to create
Arrangements KeeperSM,
a specialized RADSSM
configuration module for the management and enforcement of policies and procedures
around financial arrangements. Already in
place in corporations throughout the United States, Arrangements KeeperSM
enforces best practices and evidences compliance by
guiding organizations through Arrangement Selection, Formation and Management processes,
whilst respecting safe harbor provisions and fair market value compliance. Users interact either through
common Office applications or via an enterprise class web-based application.
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