Risk and compliance management in a medical practice involves maintaining a program to provide an overall safe environment, prevent or minimize adverse events, and comply with federal and state laws and regulations.
Risk and compliance management performance objectives include:
Risk management
- Explain risk mitigation.
 - Develop a risk-management plan that addresses policies on bloodborne pathogens, emergency response, respiratory safety, fire safety, personal protective equipment, safety data sheets and right to know for hazard communication materials.
 - Identify the legal requirements of record keeping.
 - Describe the components of a successful risk and safety training program.
 
Adverse events
- Explain the impact of adverse events on the organization.
 - List and define the components of effective internal controls.
 - Design an emergency and evacuation plan in accordance with Occupational Safety and Health Administration (OSHA).
 
Federal and state laws and regulations
- List and define all necessary rules and regulations.
 - List the reasons for and explain the process of reporting to state and federal agencies.
 
Accreditation and licensure requirements
- List and define the credentialing requirements for payers and facilities.
 - List and define all necessary licensing requirements (for example, state, federal, specialty boards, Clinical Laboratory Improvement Amendments [CLIA]).