Healthcare Industry offering
The Healthcare and the Hospital industry is going through a major reform in India. Public and Private sector investments have increased significantly over the years. Hospital boards and the management teams are challenged in light of multiple financial and compliance issues. Non compliance and regulatory breaches can cost the organisation its hard earned reputation. In even the best managed hospitals, there is always scope for process improvements, efficiencies and a structured way to run the business. Hospital industry can greatly benefit from Riskpro's internal audit, compliance review and risk management services. Two major alternatives for implementing internal audit programs are internal hiring and build up of own staff or outsourcing of the audit function. Smaller and newer hospitals will benefit from outsourcing the function to Riskpro, as it is very difficult for these companies to acquire all the necessary expertise in one or two employees and perform a comprehensive review of operations.
Pharmacy Business Management Pharmacy Business Management (PBM) plays an important role in the Health Care industry. PBM is changing rapidly in the Health Care market space. These changes are driven by multiple aspects – regulatory guidelines, focus on reduction of drug costs, and provide advanced prescription to better manage health conditions. Key regulatory requirements that are driving PBMs are Health Care reforms, changes due to Medicare Part D-guidelines and NCPDP regulations. We divide the Risk Management Planning Team into subgroups and assign segments of the master risk list to each subgroup. The job of each subgroup is to identify triggers, or warning signs, for each risk on its segment of the master list. Again, it is important to document all triggers associated with each risk. Three triggers per risk are standard in our audit approach. We keep it simple. Riskpro India caters to the need for compliance/internal audit/risk management for the healthcare sector. For more information, please download our corporate profile.
