Risk Management & Compliance

At blum, our experienced team of healthcare experts will provide you with guidance on the risk management and compliance issues relevant to your business.

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At blum, our experienced team of healthcare experts will provide you with guidance on the risk management and compliance issues relevant to your business.

Internal audit services

blum offers effective and efficient internal audit solutions to long-term care and senior living providers. Our team has extensive experience providing internal audit services to our healthcare clients, as well as providing financial statement audit and consulting services. You will be able to make meaningful management decisions with confidence. That’s because you will be aligned with a knowledgeable and experienced team who takes time to review your operations and provide you with the information you need.

ENTERPRISE RISK MANAGEMENT

We work with companies in many different industries to assist management and boards implement an enterprise risk management program. The goals of the program are to identify major risks, prepare a comprehensive listing of the risks, and prioritize their severity and the importance of mitigating them. Once prioritized, we work with management and boards to select risks and perform assessments of the design of the mitigation plans and operating effectiveness. We can also develop and implement an internal audit strategic plan that encompasses testing over governance, risk management and internal controls.

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HIPAA compliance assistance

The federally legislated Health Insurance Portability and Accountability Act (HIPAA) covers a myriad of healthcare issues. HIPAA means different things to different businesses. Security and privacy of health data and setting standards for electronic healthcare transactions are just a few of the many areas incorporated into this expansive bill. At blum, our experienced team of healthcare experts will provide you with guidance on the compliance issues relevant to your business.

 

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