Meharry Medical College achieves fully automated compliance monitoring for all vendors
Partnership with ProviderTrust delivers key compliance insights and payment eligibility of Meharry’s vendor network
Meharry is the largest private, historically Black academic health sciences center in the U.S. Founded in 1876, Meharry is the first medical college in the South for African Americans and is located in Nashville, Tennessee.
Today, Meharry enrolls more than 900 students across schools of medicine, dentistry, graduate studies and research, and applied computational science. Meharry also provides care for patients in the Nashville community.
Meharry is committed to advancing health equity for all – it’s at the heart of everything they do. And for Ronette Adams-Taylor, associate general counsel and director of compliance and risk management at Meharry, upholding the integrity of government programs such as Medicare and Medicaid, is a fiduciary duty that ultimately helps keep all patients safe.
“It’s about stewardship. Our goal is to be stewards to our patients. In order to do that, we have to ensure that we are prudent from an ethical standpoint,” said Adams-Taylor.
Onboard, manage, and monitor its entire vendor network with confidence and ease in one central location
Automate compliance monitoring for vendors with continuous exclusion screening
Integrate compliance status into their payments workflow so checks are cut for compliant vendors only
Eliminate hours of tedious and manual work for full-time employees
Maintain compliance with federal and state regulations enabling Meharry to continue funding education
90% of Meharry's vendors are verified as compliant before an invoice is paid, ensuring every check meets all federal and state compliance requirements.
“I cannot express enough how much we have been appreciative of the services of VendorProof. It helps me sleep at night that I don't have to worry about coming in and we're on the HHS’s [U.S. Department of Health & Human Services] top list.”
ABOUT MEHARRY MEDICAL COLLEGE
THE CHALLENGE
THE SOLUTION
Ronette Adams-Taylor
Director of Compliance and Associate General Counsel
90%
pre-verified
“At Meharry, we say that we are family, and adding ProviderTrust has extended that family. I cannot express enough how much we have been appreciative of the services —appreciative of the leadership and of the organization.”
Ronette Adams-Taylor
Director of Compliance and Associate General Counsel
Let's do better together.
THE RESULTS
With the automation of vendor monitoring, Meharry saves an average of 55 hours per month of manual verification work.
55
hours saved
100%
monitored
Implementing VendorProof allowed Meharry to monitor 100% of their entire vendor network, guaranteeing compliance and fraud-free vendor relations.
Ensuring vendor partners meet federal and state compliance requirements is an integral part of risk management operations at Meharry. But ensuring comprehensive monitoring and verification of Meharry's 1,000+ vendor relationships was tedious work for Adams-Taylor’s small but mighty team. Speed to vendor contracts sometimes caused compliance data gaps, opening up the risk of allowing money out the door before vital monitoring and verification checks were completed. The vendor onboarding process was too manual, and keeping pace was challenging.
About VendorProof
Meharry Medical College implemented VendorProof, ProviderTrust’s vendor monitoring solution, to comprehensively verify and monitor its vendor network to meet federal and state requirements.
“Compliance within the healthcare space is crucial. Ensuring our vendor partners meet federal and state compliance requirements is an integral part of our risk management operations at Meharry,” Adams-Taylor said. “VendorProof allows us to easily monitor state and federal exclusion lists, the likes of SAM.org and Medicaid, in order to establish that our vendor network is safe and fraud-free. Vendor monitoring is one of the many ways that we commit to our core value of integrity without exception.”
With our solution, Meharry Medical College is able to:
VendorProof, ProviderTrust's comprehensive vendor monitoring solution, allows organizations across the healthcare ecosystem to visualize the complete profile of every vendor within their networks. Our approach to monitoring and intelligence delivers always-accurate data insights on compliance and payment eligibility, providing visibility into potential bad actors and unnecessary risk. Empowering a safer, more equitable healthcare for all - that’s the power of Better Reimagined™.
About VendorProof
