Lessons Learned: A look back at the 21st Annual Compliance Institute

At this year’s 21st Annual Compliance Institute, compliance executives gathered to share insights and practical advice on common compliance challenges – from auditing and monitoring to privacy and security risks. Our partners from UT Southwestern (UTSW) Medical Center were selected to present their abstract, “Designing a Successful Analytics-Based Hospital Compliance Program and Securing Cross-Department Endorsement.” During their session, UTSW’s Kate Conklin, Chief Compliance Officer and Trissi Gray, Assistant Director of health system compliance, shared their knowledge on how automation, sophisticated algorithms and analytics played key roles in improving compliance within their organization.

At the conclusion of the conference, we connected with Conklin who shared her experience at the event, including trends and notable takeaways. Below you’ll find her feedback:

1. Were there any notable trends that you were surprised to see?

The most notable trend I found during the conference was a consistent message about the role compliance plays in establishing a culture for higher and more reliable performance across the organization. I was pleased to hear that this was a common theme amongst the keynotes and speakers that challenged Compliance Officers and other leaders to partner with the C-Suite to promote a foundational culture of compliance. I gained excellent insight into different methods for translating data into useful dashboards designed to educate the organization’s executive team.

2. What were your favorite parts of the event and what do you hope to see next year?

The keynote speakers were exceptional. I left the event feeling very inspired to elevate the importance of compliance and continue to advocate for automated analytics to lessen the burden. Next year, I hope to see more real-life examples from organizations that have faced significant challenges with a qui tam relator or non-compliance that resulted in serious penalty. I’m also looking forward to hearing topics that relate to leveraging data from hotline calls and other investigations to inform the institution about the work that is being done by the Office of Compliance. I believe this type of transparency is needed to encourage more reporting and strengthening of the organizational culture to ensure that their voice is heard and their concerns will be addressed.

3. Other post-conference takeaways that you’d like to share?

It’s always nice to network with your compliance peers. As compliance executives, we find ourselves in a unique situation, as we’re tasked to mitigate readmission, identify audit risk and find cost saving opportunities. However, when you hear so many compliance leaders share their best practices and tips, there’s a true sense of innovation and progress that empowers us all to continue leading the charge in improving our own compliance departments. In sum, it was one of the best conferences I have attended!

To read more about what Kate and Trissi discussed during their speaking session – such as manual vs. automated compliance monitoring and the importance of key stakeholder engagement – read highlights from their presentation, which were originally featured on the Compliance and Ethics blog. To learn more about how to act on your data and improve compliance, read about our revenue integrity solution.

Posted in

MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

Leave a Comment





Get our take on industry trends

Use SDOH + Analytics to power better outcomes for underserved population

Use SDOH + Analytics to power better outcomes for underserved population

May 11, 2021

Whether you’re a payer, provider or patient, on the front lines of care, sitting in front of a computer or receiving treatment, you’ve been affected by the pandemic. Of all the groups who participate in healthcare in one way or another, perhaps no single group has suffered more over the last year during the pandemic than the underserved— those people without ready access to needed healthcare services.

Read on...
Use data to take meaningful action this Nurses Week 

Go beyond recognition: Use data to take meaningful action this Nurses Week

May 10, 2021

Since 1994, America has observed National Nurses Week annually from May 6-12. This year more than ever before, it’s critical that healthcare organizations go beyond recognition and start taking action to more effectively support and serve nurses.

Read on...
The future of digital health part 4: Convergence of AI and analytics for healthcare payers

The future of digital health part 3: AI, machine learning and robotics

May 4, 2021

This post is part three of a new series featuring healthcare visionary and thought leader Andy Dé. In this series, Dé discusses how COVID-19 has triggered remarkable digital transformation and uncovers five, long-term innovation implications that providers, healthcare leaders, and payers need to consider.

Read on...
The future of digital health part 4: Convergence of AI and analytics for healthcare payers

The future of digital health part 2: Digital patient engagement and virtual healthcare delivery

April 27, 2021

Protecting the health, well-being and safety of healthcare practitioners and first responders is paramount — and will accelerate adoption of Digital Patient Engagement (DPE), enabled by Virtual Healthcare Delivery (VHD) solutions (also known as “Hospital at Home.)”

Read on...