
Compliance can feel like a moving target in senior living, with new recommendations popping up as quickly as regulations change. The latest OIG audit report sheds light on areas for improvement, bringing us the 2024 compliance guidelines for senior living facilities. Let’s break down the essentials and see how these guidelines can help facilities stay on the right track.
The OIG report highlights some common pitfalls in Medicare and Medicaid billing, emphasizing the importance of accurate documentation and verification. For senior living facilities, this means sharpening up record-keeping processes to avoid errors that could lead to audits or penalties. To help with these practices, we offer a webinar on documentation covering essential tips for managing medical records and maintaining compliance. Proper documentation makes all the difference in keeping records clear and up-to-date.
Another key takeaway is the need for robust internal audits. Regular reviews of billing practices, resident records, and overall compliance processes are essential. For facilities needing extra support in these areas, HealthCap Risk Management Services offers consulting work to guide facilities through effective audit practices and risk management. By identifying issues early, facilities can address them proactively rather than facing surprises during inspections and/or audits, fostering a culture of continuous improvement that aligns with the 2024 compliance guidelines for senior living facilities.
For those interested in exploring these guidelines in greater detail, the full OIG report is available and offers valuable insights to help facilities identify areas of focus and reinforce compliance practices for the year ahead.
Stay well and stay informed!
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