The health industry is facing enormous challenges and fundamental shifts in how it operates. Organizations are transforming how they leverage technology and manage digital capabilities in the wake of the pandemic. At the same time, they’re confronting increased reliance on third-party systems and service providers, cost pressures and an increasingly complex, evolving regulatory environment. And they’re doing all of this with heightened scrutiny from auditors, shareholders and government agencies. This broad array of challenges dramatically increases and complicates the financial, technological, compliance and regulatory risk faced by healthcare companies.
At PwC, we address the complex problems and business transformations faced by our clients. The healthcare industry confronts new demands and risks daily, and our global team of more than 4,000 US and 12,000 global professionals is ready to meet the challenge these demands present.
The goal: moving from reactive — or compliance-driven — approaches to more proactive resilient growth strategies.
With cross-functional expertise, cutting-edge analytics and technology enablement solutions, PwC can help in developing healthcare controls, systems and processes, addressing key governance issues and can provide guidance on risk oversight.
PwC can develop data protection, privacy and cybersecurity programs, track and operationalize regulations, manage investigations and notifications, coordinate and support privacy programs and serve as specialized subject matter specialist.
Our teams can develop, conduct and execute annual risk assessment and refresh your company’s processes including plans for audit and monitoring activities.
PwC can support your regulatory compliance program through strategy, training, reporting, auditing and benchmarking through co-source or outsourced models.
Our teams can assess your regulatory change management process, provide real-time monitoring of regulations and intake, and support operationalization and implementation.
Support for your Internal Audit (IA) and SOX functions through co-source and outsource solutions as well as IA transformation programs.
Learn more about internal audit
Support your compliance audit and monitoring program through strategy, training, reporting, auditing and benchmarking through co-source or outsourced models.
Assessment, guidance, and support around your organizational transformation efforts (i.e., ERP changes, digital / upskilling programs, other system implementations).
Provide a strategic, risk-based, and pragmatic approach to support internal investigations and regulatory inquiries by supporting internal legal/compliance teams and outside counsel.
The changing healthcare professional (HCP) engagement landscape offers opportunities for companies to improve risk, save time, lower cost and enable a better stakeholder experience.
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