Create a single, integrated view of risk and compliance across the organization with Healthcare Risk Management Solution.

SOLUTIONS VISUALS ADDITIONAL - Edited_Page_8

The Challenges

  • Healthcare organizations must contend with both operational and clinical risk while facing strategic issues of rising administrative costs, complex benefits collection, within a litigious environment.
  • Reports are often inflexible and incapable of aggregating data to meet the needs of the board and senior leadership.
  • Increased frequency of unforeseen costs such as medical malpractice issues and worker compensation.
  • Increased regulatory and compliance pressures.
  • Higher degree of privacy standards and requirements.
  • Increased shortage in skilled healthcare professionals such as doctors and nurses.

Our Solution

360factors provides a regulatory risk and compliance management software platform and advisory services designed to make healthcare organizations execute their risk and compliance initiatives effectively and efficiently through a simple yet effective regulatory risk and change management model and methodology.

We offer two unique solutions:

Option 1

Predict360 Managed Services

In managed services, you pay a flat fee to license the software along with our services. Drive operational efficiency through a flexible, easy-to-use information system that allows organizations to identify, analyze, evaluate and treat both risks and opportunities in order to protect the corporate brand, create value for shareholders, owners, employees, customers and regulators.

Option 2

You can secure advisory services on a short and long term project basis. Our experts will help guide you in creating the most efficient healthcare regulation management system possible.

Our experts follow a consistent Regulatory Risk and Compliance Management methodology.

  • Regulations drive the “Why” – why does an organization need to comply?
  • Once we understand the “why”, that leads to the “What” – what are the controls and what are the risk levels?
  • Once we identify the risk levels, this helps us prioritize which risks need to be addressed, leading us to the “How”.

Regulatory Change Management Methodology

  • The “How” entails defining a clear end-to-end process on how to mitigate risk and achieve compliance.
  • Once the process is defined, the next step is to identify the point of compliance which is the “Where” – typically a branch office.
  • Once the point of compliance is defined, the last step in the process is to identify the “Who” – who is responsible and who is accountable for actions and approvals?

Our Software

Our advisers and experts use Predict360, a regulatory risk and compliance software to streamline advisory services as a competitive differentiator. It vertically integrates all modules which allows organizations to manage their compliance programs based on federal and state regulations through a single platform

  • Ensures compliance with regulations across multiple countries within cost and time constraint.
  • Integrated risk and compliance process in the organization of graphic dashboard and results.
  • It has a CAPA system that tracks oversight from both clinical and operational risk perspective.
  • Enables you to focus on providing quality healthcare with our comprehensive approach to regulatory compliance and risk management.