What is the minimum audit requirement that an IRO must conduct under a Corporate Integrity Agreement?

Get ready for the AAPC Certified Professional Medical Auditor Test. Enhance your skills with multiple choice questions, each designed to provide thorough explanations. Excel in your exam preparation!

The correct answer indicates that an Independent Review Organization (IRO) is required to conduct audits on an annual basis as stipulated under a Corporate Integrity Agreement (CIA). The purpose of the CIA is to ensure compliance with healthcare regulations and prevent fraud, waste, and abuse in the organization’s operations.

Annual audits align with the expectations set forth in these agreements, as they provide a comprehensive review of the organization's performance over a full year. This timeframe allows for a more complete assessment of policies, procedures, and financial practices, ensuring that any potential issues can be identified and addressed in a timely manner.

In contrast, other options such as monthly, quarterly, or biannual audits do not fit the standard requirement under typical CIAs. While more frequent audits can offer timely insights, the minimum standard established by CIAs typically mandates annual audits to balance thoroughness with feasibility for resource allocation and operational capacity. This approach allows organizations to establish a reliable compliance framework and demonstrates commitment to ongoing oversight without overwhelming the operational structure.

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