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Sunday 10 January 2016

Meeting Exacting Regulatory Demands through Compliancy Group's Policy Management Software

How do today's health care professionals meet the ever-increasing demands for regulatory compliance and reporting? Some hire armies of analysts and clerks, putting a big dent in their bottom line. Others look to big name consultancies, gambling their success on the recent college grads that populate such firms.

A growing number of savvy, innovative managers have found a better way. These professionals, who work at hospitals, private practices, community medical centers and specialty practices are building successful regulatory compliance programs around The Guard, an innovative Policy Management Software from Compliancy Group.

Compliancy Group was founded in 2005 by a high-powered team of professionals whose diverse backgrounds included auditing, compliance, risk management and software development. They saw an opportunity to address the shortcomings of traditional HIPAA consulting by developing a robust, web-based policy management software tool, The Guard. Through this software, Compliancy Group offers a complete compliance tracking and management solution at a fraction of the time and cost of more traditional approaches. Features include a compliance management repository with extensive, up-to-date regulation lookup; account management capabilities covering both members and vendors; audit & remediation features; incident tracking, training tracking and document registration; and a full featured reporting module.

Praise for Compliancy Group has come from leading technology and healthcare industry sources, as well as Compliancy Group's own clients. CRN, a well-regarded publisher of technology news and analysis, praised The Guard as one of 10 "Hot HIPAA Compliance products," highlighting Compliancy Group's software as "easy to use and easy to understand." eClinical Works hailed this "simple, cost-effective, web-based solution, that can help any organization regulate every aspect of HIPAA compliance," adding that "Compliancy Group allows anyone to simplify the challenge of compliance, whether they are an experienced compliance expert or a small medical practitioner."

Compliancy Group also works to acquaint health care managers with the increasing mandates of HIPAA, such as the 2013 Omnibus Rule. This mandate strengthens patient health information protection while increasing noncompliance penalties to up to $1.5mm per violation. Through Compliancy Group's webinars, recognized industry experts can educate health care professionals about these challenges and available solutions.

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