Internal Audit

CHC Consulting’s Internal Audit Process is designed to identify key risks that could prevent the organization from meeting its objectives, determine if internal controls are operating effectively and efficiently, and keep the Board and the Audit Committee informed throughout the assessment. Areas of focus typically include:

  • Revenue Cycle Processes
  • Cash Management
  • Physician Relationships
  • Ethics and Compliance
  • Purchasing and Receiving
  • Financial Operations
  • Human Resources
  • Accounts Payable Processing
  • Due Diligence
  • Policies and Procedures
  • System Implementations
  • External Audit Communications and Co-sourcing
  • Other Areas Identified by Management

Benefits

Turnaround

Today’s internal auditors search throughout the organization and do what the CEO would do to appraise activities, given sufficient time and resources.


CHC internal auditors serve as more consultant than verifier and are dedicated to improving systems rather than detecting errors.


Hospital departments and processes that are evaluated are also improved.


An internal audit brings a professional level of objectivity and independence to the facility.

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More Information Please

Reach out today to learn how CHC can help your hospital implement an internal audit.