August 8, 2010
I act and recommend on the fact of what I would do if I were my client based on what I know of their situation, and am committed to thorough factfinding before recommending anything. We already have far too much compliance - needing to use countless hours of printing extra copies of presentations, having people scan through our emails for proper language, 2-3 one-on-one compliance interviews every year, a full day compliance meeting and 30 hours of CE credits, etc .... not to mention the physical costs associated with each of these. I'm afraid that we will eventually turn into the defensive medicine problem affecting the healthcare in our country - spending so much to protect ourselves (from good intentions) that we cannot make a profitable practice. Thanks for considering my thoughts. Coming from someone who does the right thing with his clients, and struggles to stay ahead of the curve in having our staff and office align perfectly with compliance, I just see more and more resources going to compliance, which means less and less service to our clients ...