The Compliance Advantage

Send us a textLeveraging Routine for Compliance Success with Dr. An Angel IscovichIn this episode of the Compliance Advantage podcast, host Ross Ronan welcomes Dr. Angel Iscovich, physician board chair and author of 'The Art of Routine,' to discuss how routines can be transformative tools for business success. Dr. Iscovich shares his journey from the emergency room to the boardroom, emphasizing the importance of stable environments and regular routines in both personal and professional spheres. Key topics include the integration of compliance into strategic planning, the concept of 'Routineology,' and how high-performing CEOs and organizations utilize routines to maintain mental focus and avoid burnout. The conversation delves into the psychological and operational advantages of embedding compliance into corporate culture, ultimately advocating for a proactive, structured approach to compliance as a strategic business advantage.00:00 Introduction to the Compliance Advantage Podcast01:10 Meet Dr. Angel Iscovich01:45 Dr. Iscovich's Journey from ER to Boardroom03:21 The Art of Routine: Inspiration and Impact03:47 Routineology and Its Relevance to Compliance04:38 The Importance of Stable Environments06:34 High Performers and Their Routines08:09 Integrating Compliance into Business Strategy10:20 The Role of Routine in Compliance Programs13:29 Audit and Compliance: A Strategic Approach16:29 Building a Culture of Compliance29:50 Balancing Routine with Flexibility37:17 Personal Routines for Success38:18 Conclusion and Final ThoughtsDr. Angel Iscovich's BioAngel Iscovich (Dr. I)  has been featured in many publications, including Forbes and Entrepreneur.  He has appeared on The Dummies Podcast, Dr. Drew’s nationally syndicated radio show and CBS John Bachelor’s world today.  He currently serves as Chairman of the Board Potentia Analytics and serves as an advisor for Baleon Capital and ONEai. He is the past Board Chair of Direct Relief, a top international humanitarian organization. He is the author of the book “The Art of Routine”, and lives with his wife Lisa and their dogs in Santa Barbara, California. www.angeliscovich.comConnect with Dr. Iscovichhttps://www.linkedin.com/in/angel-iscovich/Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textTransforming Compliance into a Strategic Advantage with Jay AnstineIn this episode of the Compliance Advantage podcast, host Ross Ronan is joined by Jay Anstine, a healthcare compliance strategist with over 25 years of experience and the author of 'Navigating the Politics of Healthcare'. Jay shares valuable insights on transforming compliance into a leadership tool that not only mitigates risk but also drives growth, strengthens organizational culture, and protects profits. He discusses his career journey, highlighting key moments and strategies in compliance, the misconception of compliance as a hurdle, and the importance of developing strong relationships within healthcare organizations. The conversation also touches on the role of compliance in fostering a culture of integrity and the strategic advantage it provides, particularly in new initiatives and due diligence processes.00:00 Introduction to Compliance Advantage Podcast01:11 Meet Jay Annstyne: A Journey in Healthcare Compliance03:34 Navigating the Politics of Healthcare: Jay's Book05:32 Leadership and Mentorship in Compliance09:37 Changing Perceptions of Compliance in Healthcare14:28 The Compliance Advantage in Business Growth15:22 Aha Moments in Compliance16:33 The Importance of Proactive Compliance16:50 Ronan Healthcare Compliance Sponsorship17:41 The Role of Compliance in Due Diligence20:09 Compliance as a Superhero23:36 Fostering a Culture of Compliance27:17 Health is Wealth: Personal Well-being27:54 Conclusion and Final ThoughtsAbout Jay AnstineOver the last 25 years, I have worked on the provider and payer side of the market, for large for-profit and non-profit health systems, and small physician-owned entities. For the last ten years, I have been helping compliance professionals improve their ability to interact with their healthcare leadership teams in order to obtain engagement to their compliance programs. Originally, I started speaking on soft skills topics at local and national conferences. That led to a book I wrote and published back in 2023 called, "Navigating the Politics of Healthcare: A Compliance Officer's Guide to Communication, Relationships and Gaining Buy-in."In addition to writing and speaking, I also serve as an adjunct professor at the University of Southern California's Gould School of Law where I teach courses on healthcare compliance.Connect with Jay on LinkedIn:https://www.linkedin.com/in/jayanstine/ Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textIn this episode of 'The Compliance Advantage,' host Ross Ronan speaks with Brett Story, founding partner of Bright Horn Partners and board member of Bright Horn Securities. They discuss the crucial role of compliance in mergers and acquisitions, particularly in the healthcare sector. Brett shares his journey from practicing law to specializing in investment banking, emphasizing the significance of incorporating compliance early to avoid potential pitfalls. The conversation also explores how compliance can be a competitive advantage, protecting businesses and enhancing their valuation during sales. Brett reveals insights about aligning organizational goals and the importance of maintaining a robust compliance program. This episode serves as a valuable resource for healthcare CEOs and business owners looking to navigate regulatory complexities and maximize their company's value.00:00 Introduction to Brett Story00:40 Welcome to The Compliance Advantage Podcast01:18 Brett Story's Background and Career Journey01:58 Insights on Mergers and Acquisitions05:55 The Importance of Compliance in Business07:01 Leadership and Personal Development08:00 Common Misconceptions About Compliance13:55 The Strategic Value of Compliance16:09 Ronan Healthcare Compliance Sponsorship17:01 Final Thoughts and Advice29:11 Health as Wealth: Personal Well-being Tips30:27 Conclusion and FarewellBrett Story's BioBrett is a founding partner of Britehorn Partners and Britehorn Securities and an experienced investment banker with extensive transaction advisory experience across a variety of industries. Brett is an investor in and currently serves on the Board of Directors for ARB Labs Inc., a technology company serving the casino gaming industry, and is an investor and Advisory Board Member for York RLFC, a professional rugby league club based in York, England. He has practiced corporate law in Denver and Miami, and holds a JD from the University of Miami School of Law, a Professional Certification in Mergers & Acquisitions from the New York Institute of Finance, and a Professional Certification in Behavioral Economics from the University of Chicago Booth School of Business.Connect with Brett on LinkedIn: https://www.linkedin.com/in/brettstory/Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textTransforming Compliance into Strategic Advantage in Healthcare InvestmentsIn this episode of the Compliance Advantage Podcast, host Ross Ronan interviews Vitaly Goldfeder, Principal at RC Capital. They discuss how building a strong compliance culture can drive growth and protect healthcare investments. Vitaly shares invaluable insights on the importance of compliance in scaling businesses, mitigating risks, and ensuring sustainable growth. They also delve into the misconceptions about compliance being an impediment to growth and how a proactive approach can serve as a strategic advantage. With practical advice for healthcare leaders and investors, this episode highlights the critical role of compliance in achieving long-term success.00:00 Introduction to Scaling Healthcare Investments01:31 Meet Vitaly Goldfeder: Principal at RC Capital03:28 The Importance of Compliance in Healthcare05:33 Challenges and Strategies for Founders08:22 Turning Compliance into a Strategic Advantage12:52 The Role of Compliance in Private Equity18:26 Building a Compliance Culture29:19 Final Thoughts and Personal Insights32:58 Conclusion Vitaly Goldfeder's BioVitaly is a Principal at RC Capital, a healthcare focused private equity firm specializing in healthcare services and medical technology.  Prior to RC Capital, Vitaly was an investor with Enhanced Healthcare Partners and Levine Leichtmann Capital Partners. Outside of work, Vitaly is a Board Member of Cincinnati Playhouse in the Park and is on the Advisory Council for Adventure Crew, and outdoor youth experience program locally. Connect with Vitaly on LinkedIn: https://www.linkedin.com/in/vitaly-goldfeder-2135468/Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textIn this episode of the Compliance Advantage Podcast, host Ross Ronan, founder of Ronan Healthcare Compliance, dives into an insightful conversation with Michi McClure, a seasoned compliance professional with 25 years of experience. They discuss Michi’s journey into compliance, the evolution of the field, and the misconceptions that healthcare executives often hold about it. The discussion highlights how compliance can be a strategic business advantage rather than a cost center, with Michi sharing her personal tactics and successes. This episode also explores the importance of communication, trust within an organization, and the critical role of compliance officers. Finally, Michi offers advice on maintaining a culture of compliance from the top-down and the significance of personal well-being in a high-pressure industry.00:31 Guest Introduction: Michi McClure00:41 Michi's Journey into Compliance02:38 Ross's Path to Compliance03:56 Evolution of Compliance05:43 Compliance as a Strategic Advantage06:37 Misconceptions About Compliance11:44 The Role of Data in Compliance13:21 Patient Complaints and Business Advantage17:13 The Importance of Communication in Compliance18:50 Compliance as a Superhero20:02 Advice for CEOs and Board Members22:05 Personal Well-being and Disconnecting23:15 Conclusion and FarewellMichi McClure's BioSeasoned Compliance professional of almost 20 years with a wide-range of experiences. From safety net hospitals, to the Department of Health and Human Services to digital health spaces, I've enjoyed the constant challenge of helping various organizations find the balance of "doing things right" and "doing the right thing.Connect with Michi on LinkedIn: https://www.linkedin.com/in/angela-michi-mcclure-jd/Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textThe Strategic Advantage of Compliance in Healthcare: Expert Insights from Ericka AdlerIn this episode of the Compliance Advantage podcast, host Ross Ronan discusses the importance of investing in compliance programs with special guest Ericka Adler, a seasoned regulatory and transactional healthcare lawyer. They explore the conception of compliance as a revenue driver rather than a cost center, backed by significant statistics from the DOJ's 2023 recoveries. Both stress the benefits of an effective compliance program, from fostering trust with patients to preventing costly fines and legal issues. Ericka shares her extensive experience advising healthcare providers, detailing common compliance misconceptions and the strategic advantages of a well-structured compliance program in transactions. She also highlights the importance of leadership in fostering a compliance culture and offers practical advice on creating meaningful involvement across all levels of an organization. The episode concludes with a discussion on personal wellness for professionals in the demanding field of healthcare law and compliance.00:00 Introduction and Listener Question00:37 The Value of Compliance Programs01:08 Statistics and Costs of Non-Compliance03:02 Benefits of Compliance Programs05:17 Interview with Ericka Adler Begins09:02 Misconceptions About Compliance18:08 The Role of Compliance Officers29:06 Fostering a Culture of Compliance36:44 Maintaining Personal Well-being37:56 Conclusion and Closing RemarksToday's Guest:Ericka AdlerEricka has over 25 years representing individual providers, physician groups, and other health care entities. She focuses her practice on regulatory and transactional health care law, compliance counseling, structuring, and implementing complex joint ventures to comply with state and federal laws and regulations. Ericka also spends a significant amount of time helping physicians to negotiate their employment agreements with various types of physician employers. She handles mergers, sales and acquisitions of healthcare entities and has extensive experience in completing transactions with private equity, hospitals and other third parties. Ericka also has deep experience dealing with Stark, Anti-Kickback Statute, fee-splitting concerns, the corporate practice of medicine, and other challenges facing healthcare providers. Follow Ericka on Linkedin - www.linkedin.com/in/ericka-adler-87a2a93Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textIn this episode of the Compliance Advantage podcast, host Ross Ronan and producer Kami Reyna delve into the essentials of federal health care programs and the importance of compliance in healthcare organizations. The discussion includes a breakdown of major federal health care programs like Medicare, Medicaid, CHIP, and TRICARE, emphasizing the critical need for regular audits and adherence to compliance guidelines. Ross shares real-world case studies, including significant settlements involving healthcare providers and insurers, to illustrate the financial and reputational risks of non-compliance. The episode underscores the strategic value of a robust compliance program, highlighting that every dollar invested in compliance can save significantly in penalties and lost revenue. They also stress the necessity of fostering a culture of compliance within organizations, backed by data from authoritative sources like the DOJ and Harvard Business Review. Finally, Ross challenges listeners to assess and improve their compliance programs to turn compliance from a cost center into a strategic asset.01:01 Understanding Federal Healthcare Programs03:25 Importance of Compliance Programs05:14 Case Studies and Real-World Examples07:48 The Compliance Advantage09:15 Misconceptions About Compliance14:04 Compliance as a Strategic Asset15:17 Building a Culture of Compliance24:57 Leadership's Role in Compliance30:03 Final Thoughts and Challenge for CEO's and Board MembersConnect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textShifting Accountability in Healthcare Compliance: Insights from Christina PetersonIn this episode of the Compliance Advantage Podcast, Ross hosts Christina Peterson, compliance executive at Ronan Healthcare Consultants, to discuss crucial aspects of healthcare compliance. They delve into misconceptions about compliance roles, emphasizing accountability at the executive level and the evolution of regulatory frameworks like the Park Doctrine and the Yates Memo. The conversation explores how compliance should be viewed as a partnership rather than policing, and the effectiveness of involving compliance officers in high-level discussions to ensure transparent, ethical practices. Christina also highlights her method of balancing rigorous regulatory standards with fostering an ethical business environment, ultimately aiming for a proactive, rather than reactive, compliance culture. The episode concludes with personal reflections on maintaining work-life balance and the importance of self-care for compliance professionals.00:22 Biggest Misconceptions in Healthcare Compliance04:27 Changing Perceptions of Compliance07:28 Aha Moments in Compliance09:34 Compliance as a Superhero15:46 Fostering a Culture of Compliance18:06 Self-Care for Compliance Executives19:49 Conclusion and Final ThoughtsConnect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textTransforming Compliance into a Strategic Advantage with Ross RonanIn this episode of The Compliance Advantage Podcast, host Ross Ronan, founder of Ronan Healthcare Compliance, addresses a listener's question on handling employees identified on the OIG or GSA exclusion lists. He emphasizes the necessity of an operational and effective compliance program and outlines steps for immediate action, including involving HR and legal departments. Ross also discusses common misconceptions about compliance, its importance for healthcare leaders, and how a compliance program can serve as a strategic partner rather than just a regulatory requirement. The episode concludes with insights into Ross's personal health and wellness practices and the importance of goal setting for personal growth and high performance. Join Ross and podcast producer Kami Reyna as they kick off Season 3 with valuable insights into leveraging compliance for business innovation and success.00:00 Introduction and Disclaimer00:41 Welcome to The Compliance Advantage Podcast01:14 Listener Question: Handling Employees on the Exclusion List01:56 Steps to Address Exclusion List Issues05:53 Case Study: Exclusion List Scenario07:52 Season 3 Kickoff and Rebranding08:30 Interview with Ross Ronan09:42 Misconceptions About Compliance12:47 Compliance as a Strategic Partner14:46 Compliance as a Superhero16:25 The Importance of a Robust Compliance Program20:47 Advice for CEOs and Board Members23:09 Health and Wellness for Leaders25:26 Conclusion and Season PreviewRoss Ronan’s BioRoss R. Ronan, JD, BSN, CPCO, CHC, CCEP, CMPE, is the founder of Ronan Healthcare Compliance, the host of the top 10% globally ranked “The Compliance Advantage” podcast, a seasoned board member, and a healthcare compliance strategist with nearly 30 years of industry experience.  He has supported hundreds of healthcare industry leaders from companies like Envision Healthcare, Amulet Capital Partners, and Enhanced Healthcare Partners while engaging with entities, including McDermott Will & Emery (MWE) and the U.S. Office of Inspector General (HHS-OIG), to promote ethical leadership and ensure operational integrity.  Ross is a sought-after speaker at prestigious forums, like the University of Pennsylvania's law program, the Health Care Compliance Association (HCCA), the American Health Law Association (AHLA), and private equity conferences such as MWE’s HPE Miami, where he addresses the critical intersection of compliance and business strategy.  With degrees in nursing and law and memberships in organizations like the American College of Healthcare Executives (ACHE) and the Healthcare Private Equity Roundtable, he is widely regarded by private equity partners, board members, CEOs, general counsels, and compliance officers. Ross can help any at-risk stakeholder gain confidence in navigating the complexities of healthcare compliance. Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance

Send us a textBalancing Leadership, Compliance, and Growth: Insights from Jim Fuhrman, a Healthcare VeteranIn this episode of the Compliance Leadership Lounge, host Ross Ronan chats with Jim, an experienced executive in the dental benefits and healthcare industry. They discuss the crucial role of compliance in business, the importance of discipline and planning, and strategies for effective leadership. Jim shares his career journey, from starting in dental benefits to leading major healthcare organizations, and emphasizes the value of listening, acknowledging others, and maintaining integrity. They also touch on the concept of work-life harmony and the importance of personal hobbies and family time for maintaining high performance. This conversation offers valuable lessons for anyone in leadership or compliance roles.00:42 Welcome and Guest Introduction02:01 Jim's Career Journey in Dental Benefits04:59 Leadership Insights and Favorite Books08:19 Aligning Strategies with Execution15:25 Compliance in Healthcare Delivery30:14 Work-Life Harmony and Personal Well-being34:58 Conclusion and Final ThoughtsWe highly encourage our listeners to connect with our guests:Jim FuhrmanAn accomplished executive with a proven track record in driving business transformations, a specialist in strategic execution within the ancillary insurance sector and multi-site provider service organizations, particularly in dental care. Leading UnitedHealthcare Dental and founding PrimeCare Benefits Group, this leader combines ordinary intellect with remarkable instincts and integrity. He is focused on community service and youth development though sport, while splitting time between Henderson, NV and North Shore Oahu. LinkedIn- https://www.linkedin.com/in/james-fuhrman-b9b7a65/Connect with Ross LinkedIn: Ross Ronan Podcast Show Page: The Compliance Advantage Ross' Company: Ronan Healthcare Compliance