How often should compliance plans be updated once written?

Compliance plans should be updated every year to ensure they remain relevant and effective in addressing the dynamic nature of healthcare regulations and the specific needs of the organization. Annual reviews allow organizations to incorporate any changes in federal, state, and local laws, as well as any updates in industry best practices. Additionally, an annual review provides an opportunity to assess the effectiveness of the existing compliance program, make necessary adjustments based on operational changes, and respond to emerging compliance risks.

Regular updates help maintain compliance with evolving healthcare regulations, promote a culture of accountability, and protect the organization against legal and financial repercussions. This practice aligns with guidance from regulatory bodies that emphasize the importance of ongoing evaluation and modification of compliance efforts to manage risks effectively.