The Healthcare Industry is faced with an unprecedented number of regulatory requirements. Ranging from federal laws to state-level mandates, these regulations intersect and overlap with each other in complex ways, affecting every aspect of the enterprise – be it Clinical, Administrative, HR, IT or Finance.
One of the biggest hurdles in managing these regulations arises not just from the number and immensity of the regulations, but also the frequency with which they are changed and updated. Healthcare providers and payers have to continually track the status of laws, rules and regulations across multiple regulatory sources.
MetricStream provides an integrated framework and an automated approach to help organizations manage dynamic regulatory changes in an efficient and effective manner. The solution automates the entire process of tracking regulatory updates, and communicating them across the enterprise. It also streamlines end-to-end processes for assigning responsibilities, enabling risk assessments, tracking action items, and monitoring the complete process.
Combining both technology and content, the MetricStream solution provides healthcare providers and payers with a holistic and well-rounded approach to managing regulatory updates and changes. The solution also goes one step further, and integrates with MetricStream's ComplianceOnline.com portal (www.complianceonline.com), the industry's most comprehensive resource for regulations and compliance, and the world's most visited online compliance portal and community.
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