Tenet Healthcare Corporation outlines the services offered and their coverage. By law, companies are required to follow rules and policies that have an impact on the supply of goods and services as well as their relationship with customers. Tenet Healthcare Corporation is responsible for regulatory compliance. This includes conforming to the code of conduct and rules as well procedures. The Regulatory Compliance Policy of Tenet Healthcare Corporation focuses on the internal reporting of compliance issues involving subsidiaries and affiliates. This policy covers all the concerns of each party. Therefore, THC covers all legal responsibilities such the legislature as well as internal obligations like health care providers and external obligations like clients or regulatory agencies. I am certain that THC’s service scope is sufficient to enhance operational processes, while still adhering with regulatory frameworks.
As a result, the rate of regulatory guidance in the healthcare sector has changed dramatically in recent years. Practitioners who don’t adhere to this code of ethics are on the rise. The regulatory environment can be very dynamic and requires constant revisions. THC stated their purpose which aligns with the mission and objectives of its organization. THC’s commitment to ensure program compliance can be seen in their inclusion of the monitoring- and evaluation language.
Tenet’s compliance theory states that the Federal Health Care Program refers to all plans designed to offer health benefits such as insurance or government-funded health coverage. Overpayment is the excess money that the government grants, and may result from “failure comply with Federal healthcare program standards.” (THC,2018). Possible compliance problem means that there is likely to be a prosecution for a violation of Tenet Healthcare Corporation’s code, rules, regulations, processes, or organization’s procedures.
Compliance with federal regulations, such as Medicare and Medicaid by the company is a given. The organization has merged its policies and the state’s requirements for health to produce a powerful document that guides institutions. These tactics have created a sense of stability and direction. THC has laid out the operating policy principles which provide a strong foundation to legal operation and strict compliance.
Potential policy violations must be reported to the management (e.g., Hospital Compliance Officer) Stakeholders are required to report any compliance concerns they find. The company conducts regular compliance audits and all potential issues should be reported to them. Tenet provides internal reporting by calling toll free numbers. The caller can choose to remain anonymous or private. My belief is that whistleblowers can help Tenet Healthcare Corporation prevent fraud by keeping confidential information and solving noncompliance issues.