We’ve been carefully guiding customers through the complexity of securely submitting costs for healthcare compliance and clinical reporting since our earliest days. This is the backbone of accountability and transparency in today’s complex medical landscape.

We know just how critical compliance reporting is to your patient care, your financial sustainability and your public accountability.

We can help you systematically document and disclose your adherence to all the regulatory requirements in your region. You’ll identify gaps, take corrective action and avoid costly penalties or legal repercussions.

Submitting costs – how we can help

• End to end compliance: We’ll help you navigate the complexities of healthcare compliance, from initial risk assessments to ongoing monitoring and corrective actions. Rest assured that you’ll be compliant with the likes of HIPPA, HIPC, Te Whatu Ora, ACC, IHACPA, and the Department of Health – Abu Dhabi.

• Data security leadership: Our consultancy and software solutions are designed with the latest healthcare data security, privacy, and compliance best practices, ensuring your patient information and sensitive financial data is always protected.

• Streamlined cost submission: We simplify the process of submitting costs, ensuring your clinical and financial data is accurate, timely, and fully compliant with regulatory standards.

Our suite of software products includes:

Read here how we’ve helped Elyzee Hospital navigate and stay compliant with the new Department of Health Clinical Costing Standards and Guidelines in Abu Dhabi.

Frequently Asked Questions (FAQs)

How does CBS – Health Costing Experts ensure its compliance reporting adapts to changing healthcare regulations?

Active Regulatory Surveillance: We maintain ongoing awareness of new and updated healthcare regulations, such as the recent Clinical Costing Standards and Value-Based Funding Framework from the Abu Dhabi Department of Health. This ensures that all compliance reporting requirements are up-to-date and reflect the latest legal and industry standards.

Specialised Consulting and staff training: our team of experts provides guidance and support to healthcare providers, helping them interpret and implement new regulatory requirements efficiently.

Ongoing education and training for both CBS staff and client teams ensure everyone involved understands the implications of regulatory changes and how to implement them in daily operations.

Automated Costing Systems: CBS – Health Costing Experts leverages advanced software solutions like CostPro and FocusPro, which are designed to be configurable and easily updated in response to regulatory changes. These systems allow for real-time data collection, validation, and reporting, ensuring compliance submissions are always aligned with current standards.

What specific security protocols does CBS – Health Costing Experts implement to protect patient data during reporting?

Data Confidentiality and Integrity: When data is disclosed to third parties or transferred internationally, we use contractual agreements to ensure adequate protection for personal information.

Access Controls: Access to patient data is limited to authorised personnel only, with strict controls in place to prevent unauthorised disclosure, misuse, or alteration of information.

User Authentication: Systems require secure log-in credentials, and access is monitored to ensure only permitted users can interact with sensitive health data.

Data Encryption in Transit and at Rest: CBS – Health Costing Experts uses encryption protocols to protect patient data both when it is transmitted over networks and when stored in databases, ensuring data remains unreadable to unauthorised parties.

HIPAA and Local Regulations: CBS – Health Costing Experts aligns its security protocols with international and regional regulations such as HIPAA, GDPR, and local health information standards to ensure compliance and best practices in healthcare data security.

Ongoing Risk Assessments and Breach Response: Regular risk assessments and policy updates are conducted to identify vulnerabilities and strengthen defences against cyber threats.

How do your cost analysis tools support reliable and compliant financial reporting in healthcare?

Automation to remove human error: Automating as much of your financial processes as possible minimises human error and ensures that all cost data is captured in real time, allowing for instant product cost calculations and real-time reporting. The system also standardises costing practices across hospitals and departments, further enhancing the reliability and consistency of compliance reporting.

Software for compliance management: Our tools centralise regulatory requirements, automate data validation, generate audit trails, and maintain up-to-date records, significantly reducing the risk of human error and non-compliance penalties.