Audio Organizational Ethics & OBM Webinar Series-Module 4: Audit Proofing Your Organization

CEU ELIGIBILITY:

2 BACB Learning or Ethics CEU

2 QABA General CEU

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For most ABA Organizations, selling to a PE firm is not an option as the minimum revenue requirement is $10 million and above. Does this mean that organizations with sales below $10 million can’t realize a financial exit? NO! There are several viable exit options for smaller, private agencies.  

An ability to exit a business for several millions of dollars just doesn’t just happen. It takes work and diligence to make a business attractive to an acquirer. In short, an organization has to show that it’s running a tight ship. Acquirers are looking to mitigate their risk. One way to demonstrate an organization’s ability to mitigate its greatest risk is to demonstrate its ability to successfully emerge from an insurance audit.

AUDIT RISK -  risks of insurance risks are high! Regardless of intent, If unsuccessful, penalties can range from clawbacks to criminal prosecution. If you receive funding from private insurance, chances are high that you WILL BE AUDITED! After all, an audit is an extremely effective tool insurance companies can use to reduce their total expenditures and increase client outcomes.

Outcomes

• List common exit strategies for private healthcare organizations
• Identify the purpose of the Professional and Ethical Compliance Code for Behavior Analysts
• List areas of the Professional and Ethical Compliance Code for Behavior Analysts that pertain to organizational
billing practices
• Describe common audit “triggers”
• Identify antecedent strategies to mitigate audit risk

Special Learning hosted our 4th installment in the Organizational (OBM) Ethics Series with Dr. Jon Bailey, Ph.D., BCBA-D. We identified and provided best practices to assist your organization in auditing.

Exit options and a picture of a tightly run ship
Audit proofing strategies upon business formation
Audit proofing strategies post-formation
Proactive: risk mitigation strategies
Reactive: what to do when faced with an audit Rights and obligations
Potential risks and outcomes

As with all our other Ethics webinars, we incorporated cases submitted by BCBAs and RBTs in the field to provide a deeper learning experience.

Presenter: Dr. Jon Bailey, BCBA-D 

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