Federal legislation is implemented to ensure superior, safe, and reliable patient care. However, for many healthcare organizations, new regulation can feel more like a headache than anything else. In recent years, clinical staff and facilities managers alike have seen an increased amount of time spent on regulatory compliance, which can take away from other valuable initiatives.
In fact, a recent report from the American Hospital Association found that more hospitals say they are burdened by regulatory overload. The study also found that hospitals and other providers spend nearly $39 billion a year solely on administrative activities associated with regulatory compliance.
In an ever-changing world where it’s more important than ever to ensure quality care and fast-evolving service, healthcare providers should consider three key strategies to minimize regulatory overload. [Read more…]