The Tides are Shifting Once Again for Managed Care
The renewed focus on managed care underscores the importance for managed care organizations (MCOs) to focus on managing risks. Specifically, given the regulatory climate and the heightened public scrutiny on health insurance due to the Affordable Care Act, this regulatory spotlight is not likely to dim. Furthermore, regulatory requirements call for Medicare MCOs to establish and implement an effective system for routine monitoring and identification of compliance risks. It is expected that they will develop ongoing monitoring and auditing work plans and that key participants will be the compliance officer and the compliance committee.