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 the following categories:

• ​Service & Consulting
• Speaker fees ​
• Grants
• ​Clinical study ​
• CME ​Research
• ​Fellowships
• ​Charitable Donation ​
• Royalty

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. Our experts will let you know where your organization stands with respect to standard, industry best, and government-level expectations. We also have the know-how and expertise to enhance your organization’s controls to the gold standard: evidence-based compliance and the prevention of costly mistakes and activities.

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 Keeper^®, a specialized RADS^® configuration module for the management and enforcement of policies and procedures around financial arrangements. Already in place in corporations throughout the United States, Arrangements Keeper^® enforces best practices and evidences compliance by guiding organizations through Arrangement Selection, Formation and Management processes, while respecting safe harbor provisions and fair market value compliance. Currently used to satisfy the terms Deferred Prosecution Agreements and Corporate Integriy Agreements (CIAs). Reviewed by Independent Review Organization (IRO) as industry best practice. Users interact either through common Microsoft Office applications or via an enterprise class web-based application.