States are required by federal law to report encounter data to CMS as part of their quarterly Medicaid Statistical Information System. (MSIS) submissions. Since 1999, states have been required to submit managed care encounter data as well as fee-for-service (FFS) claims information to CMS (Section 4753(a)(1) of the Balanced Budget Act of 1997).
Answer by Johnywalter. Confidence votes 1.4K. An audit is a review to confirm that regulations, processes or rules are being followed. A health and safety audit is an audit that focuses on some or all aspects of health and safety.ealth and safety is one of the most important factor to consider in all kind of workplace. OSHA is one of the organization that makes sure that all companies are prioritizing â¦ the health and safety of their workers and that there are no hazards that can cause injuries and accidents in the working environment.
Social audit: is the process of assessing and reporting a businessâs performance in fulfilling the economic, legal, ethical and philanthropic responsibilities expected of it by its stakeholders. In ethics auditing a company will be stakeholder-responsive.2- Benefits of ethics auditing. Before we talk about the benefits. Recent ethical crisis and accounting scandals are the secret behind all this and the reason why companies choose to understand, report on, and improve their ethical conduct.enefits of Ethics Auditing. At one extreme, a company may want to achieve the most ethical performance possible, whereas another firm may use an ethics audit just to create a good image to hide its corrupt culture. Other firms may just want to comply with the legal and governmental regulations.