This book is intended to provide a review of each task associated with the Risk and Compliance Management domain in MGMA s Body of Knowledge for Medical Practice Management, 3rd Edition. Medical practice executives are at the center of responsibility for many of the risk and compliance management activities in the medical practice. The practice executive s ability to mitigate risk exposure is critical to the success of an organization. From creating a safe work environment, developing and implementing a compliance plan for federal and state laws, and leading accreditation and licensure issues, the practice executive must master myriad skills and develop proper protocols for handling all aspects of risk management. Managing a medical practice requires a set of technical skills and professional knowledge that are unique to the profession. The skills and knowledge needed in the Risk and Compliance Management domain are critical for both the practice executive and the medical practice itself. By mastering this domain, the practice executive will be able to apply his or her talents to effectively lead the organization toward success.
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