Regulatory Compliance
Capsicum consultants provide assistance to a wide variety of clients in the healthcare industry including: various provider entities, payers and vendors of medical devices, pharmaceuticals, billing services, document management services, information technology and other related products and services. The Health Insurance Portability and Accountability Act (HIPAA) and its requirements affect all these businesses. Our business consultants are well positioned to help healthcare providers and vendors understand and comply with HIPAA regulations.
Capsicum Group provides the following services under this category:
  • Education and Awareness: Capsicum consultants help client’s management teams, board members, and operations staff understand what HIPAA is, how it can affect your business and what can be done to address HIPAA requirements in an efficient, timely and cost effective manner.
  • Project Team: We work with client management to define their HIPAA Project Team and assist in mapping out compliance project strategies and responsibilities for various Team members and organizations.
  • Assessment: We perform assessments for both provider Covered Entities and vendor Business Associates which evaluate the applicability and risk of currently defined HIPAA regulations to business operations and identify your current level of compliance at existing facilities.
  • Planning and Strategy: Following an operational assessment, our consultants work with your Project Team to define a strategy to achieve compliance and address future changes to existing HIPAA regulations.
  • Implementation: We assist your Project Team in implementing their defined strategy. Capsicum consultants provide criteria and due diligence processes to identify Covered Entity and Business Associate relationships. We will work with our client’s legal counsel to prepare applicable contract language necessary for specific Business Associate relationships and assist both healthcare providers and vendors in negotiating required terms and conditions for Business Associate contracts or related sub-contractor agreements.
  • Compliance Administration: Capsicum offers a framework, process and data base tool to document activities, track the status of various aspects of a compliance program and provide an audit trail for the compliance effort.
  • Process and Data Base Tools: to document activities, track the status of various aspects of a compliance program, and provide an audit trail for the compliance effort.

Capsicum is taking a leading position in understanding and influencing the ways both providers and vendors respond to HIPAA regulations. Be it analysis of late breaking events, Capsicum’s “compliance audit,” or the guidance of trusted advisors – our practices take the hype and myth out of this very real event.

 

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