Regulatory Compliance

Regulatory Compliance2018-11-12T15:40:42+00:00

Don't get tangled in the

intricate web of regulations.

Make your regulatory compliance process silky smooth.

Navigating the tangled web of regulation can be sticky. Managers of organizations today are expected to comply with numerous laws and rules that are often unique to their industry or type of organization. CRI professionals work closely with regulators and industry groups and continuously share their training, knowledge, and experience with our clients. This expertise allows our clients to develop their internal processes to address the strands of various regulatory requirements.

We believe that span between current processes and compliance offer opportunities to help our clients adapt, change, and grow – making for a strong, flexible safety “web” of controls. We don’t dangle any team in front of our clients. Rather, we find the team that best matches our clients’ needs and prospects. Our approach to compliance is fortified by and centered on four steps: appraisal, planning, execution, and monitoring. We then add the necessary radials to capture the various aspects of compliance that might be buzzing around your organization.

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Straight Talk

Translating technical jargon into a plain English “text.”
I am finding it increasingly difficult to manage my organization. It seems as if I spend all of my time addressing regulations instead of focusing on my core objectives.


While we are known for assisting clients with tax regulations, our professionals can help with your specific regulatory challenges, as well.


So your staff has studied the regulations specific to our healthcare industry and understands the specific steps needed for compliance?


Certainly! We have deep knowledge of your industry, and our firm specializes in helping clients like you reach your goals.


Well, let me tell you about one of my challenges. We have to comply with HIPAA regulations, and I am concerned that my staff cannot easily ask patient care questions when doctors are not in the building. Emails and texts are not secure, and those doctors gave up their beepers a long time ago and don’t like to answer their phones.


Our professionals are well-versed in HIPAA regulations and can help you with compliance, but we can also share solutions that work for other clients. In this case, we might recommend a secure text messaging application that protects health information and gives your staff immediate access to physicians.


Good thought, and that sounds like a simple answer. I really need to have you look at my overall HIPAA compliance. Let’s schedule a meeting to talk about your HIPAA services.
I am concerned that our Medicaid reimbursement rates keep dropping each year. Have any of your other clients experienced this phenomenon?


Your Medicaid rates are based directly on the information you provide in your cost reports. Our professionals can assist with that regulatory chore while advising you regarding ways to better focus your spending to improve patient care and maximize your reimbursement rates.


So your team looks beyond the mechanical aspects of cost report form preparation?


We do! We really like to help our clients be successful, and we intentionally add value beyond compliance. I would like to visit your facility, learn more about how you serve our community, and share some of the ways we can provide guidance.
Melody Salter, Finance Director, City of Homewood, Alabama
“Carr, Riggs, and Ingram provides audit and compliance services to our City. CRI is always responsive to our needs and they provide timely services and deliverables. In an environment of changing and complex governmental accounting pronouncements, CRI serves us in an advisory capacity that fulfills our technical needs. CRI also provides consistent staffing on our engagement and active partner participation in our audits. CRI is also available to advise our elected officials on pertinent matters ranging from new accounting pronouncements to internal controls in a government environment. We appreciate the commitment to service that CRI offers and their role in advising our City in complex accounting and auditing matters. ”

Solutions Simplified

Down-to-earth descriptions of our services.
HIPAA Risk Analysis

The Health Insurance and Portability Accountability Act (HIPAA) details the steps that covered entities must take when handling sensitive patient information, such as electronic health records. Covered entities must demonstrate compliance through written policies, as well as tangible processes, that are part of daily operations. CRI’s team members understand the aspects of entities’ responsibilities – including required policies, procedures, systems, and controls. While a successful HIPAA risk analysis identifies potential weaknesses in processes and in IT systems, our approach also pinpoints the most economical ways to mitigate the identified risks. There is no one-size-fits-all solution to improve business processes; we tailor proposed solutions to specific client needs.

Medicaid Cost Reports

Medicaid social health programs are jointly funded by the Federal and state governments, but they are ultimately managed by each state. Medicaid providers are generally required to submit cost reports that conform to each state’s reporting guidelines.

CRI is knowledgeable in the Medicaid systems of a number of states. In assisting with cost report preparation, we strive to help our clients obtain the maximum Medicaid reimbursement to which they are entitled within the laws and regulations of their state’s Medicaid system. We accomplish this goal by staying current on regulations and statutes that affect Medicaid reimbursement systems and maintaining a good working relationship with the states.

Medicare Cost Reports

Medicare-certified providers are required to submit an annual cost report to the Centers for Medicare & Medicaid Services (CMS). Cost reports contain provider information such as facility characteristics, utilization data, cost and charges by cost center, Medicare settlement data, and financial data. Applicable reports include the:

  • Hospital Cost Report,
  • Skilled Nursing Facility Cost Report,
  • Home Health Agency Cost Report,
  • Renal Facility Cost Report,
  • Health Clinic Cost Report,
  • Hospice Cost Report, and
  • Community Mental Health Center Cost Report.

CRI has extensive experience helping clients gather necessary data and prepare cost reports. We can also aid clients in analyzing the specific costs of providing services. This analysis can enable clients to maintain positive cash flows and improve patient care.

OMB Uniform Grant Guidance

The Federal Office of Management and Budget’s (OMB) Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards were implemented in December 2014. The framework introduced in the Uniform Guidance aims to reduce the administrative burden on award recipients and, at the same time, guard against the risk of waste and misuse of federal funds. The knowledgeable CRI team is available to guide you through the compliance steps inherent in grants awarded by the federal government.

Payroll-Based Journal Reporting

The Affordable Care Act (ACA) requires skilled nursing facilities to submit direct care staffing information based on payroll and other auditable data to the Centers for Medicare & Medicaid Services (CMS). (Note: CMS has identified staffing as one of the vital components of a nursing home’s ability to provide quality care.) CRI team members understand the Payroll-Based Journal (PBJ) reporting requirements and can assist with developing strategies to collect accurate information. We can also guide clients in implementing processes and identifying software solutions that not only satisfy compliance requirements, but also provide valuable information to foster efficiently staffed facilities.

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