An effective compliance plan aims to achieve what outcome?

An effective compliance plan is primarily designed to ensure that healthcare practices adhere to relevant laws, regulations, and ethical standards. This involves educating and informing employees about compliance protocols and best practices, which ultimately leads to a more knowledgeable workforce. When employees are better informed, they are more likely to follow established guidelines, reducing the risk of errors, fraud, and non-compliance.

Additionally, such a plan helps identify and mitigate potential compliance risks before they escalate into larger issues that could result in penalties or legal repercussions for the organization. Therefore, the focus on better-informed employees and the reduction of risks aligns perfectly with the goals of a compliance plan, making it a critical component of effective healthcare management.