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The Strategic Advantage of Compliance in Healthcare: Expert Insights from Ericka Adler

In 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 Question
00:37 The Value of Compliance Programs
01:08 Statistics and Costs of Non-Compliance
03:02 Benefits of Compliance Programs
05:17 Interview with Ericka Adler Begins
09:02 Misconceptions About Compliance
18:08 The Role of Compliance Officers
29:06 Fostering a Culture of Compliance
36:44 Maintaining Personal Well-being
37:56 Conclusion and Closing Remarks

Today's Guest:

Ericka Adler
Ericka 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-87a2a93

Connect with Ross

• LinkedIn: Ross Ronan
• Podcast Show Page: The Compliance Advantage
• Ross' Company: Ronan Healthcare Compliance