Archived Publications 5 Reasons - An Interview with Sheryl Vacca | Page 6

Innovations are Developing Faster than Regulations “We have to be careful because what used to be driven by a hospital-based service will likely lose some of the payment; it is already losing some of the payment system that we’ve relied on in the past. Even our payers are saying that hospitals are costing them too much money and that we need to focus on how to deliver care differently,” Vacca cautions. With increased incentives for providers to go outpatient, contracts and revenue streams are going to look different. Vacca explains that there will be new challenges for compliance professionals when looking at these alternative forms of care. “The compliance professional will need to identify the key compliance risk that would be related to the particular form of care and help the organization find innovative ways to move forward while being compliant with whatever rules and regulations apply,” says Vacca. She adds that although they are seeing a move to outpatient services, some of those services are still based off the hospital license and applicable requirements remain. However, the further healthcare moves away from the hospital setting and as hospital-based care moves towards outpatient care, the odds of compliance are less. When the move to freestanding care is made, there is a different group of compliance requirements that may be applicable. Vacca explains, “It’s not the hospital- based requirements anymore. And maybe there are no requirements because it’s a kind of innovative thinking that is so new that regulatory aspects haven’t even caught up.” Vacca says that the question then becomes, “How will we assure consistency in a standard that needs to be in place when the regulations do catch up and so that our patient will continue to receive the best care that we can provide in the meantime?” She emphasizes partnering with all of the different risk aspects, including quality, patient care provider, the legal team, audit, and compliance. Vacca concludes, “As a collective team, we aren’t going to be able to operate in silos anymore. We are moving beyond the particular regulations that we are familiar with, and we must come together to identify the risks and ask of each activity—is this compliant, legal, reputational, and importantly, is it focused on patient care?” “As a collective team, we aren’t going to be able to operate in silos anymore. We are moving beyond the particular regulations that we are familiar with, and we must come together to identify the risks and ask of each activity—is this compliant, legal, reputational, and importantly, is it focused on patient care?” HealthStream.com/contact • 800.521.0574 •