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PRIVATE HOSPITALS IN SOUTH AFRICA: A COMPLIANCE FRAMEWORK
Download This ArticleAbstract
The primary compliance risks faced by private hospitals in South Africa were analysed. Compliance for private hospitals fell into three categories: patient care, regulatory compliance and human resources. The results of this study indicated that these hospitals are struggling to ensure compliance as a result of the complexity of and constant changes to applicable legislation. The study confirmed that private hospitals face compliance risk. A compliance framework was developed, which could reduce compliance risk of private hospitals in South Africa. Outsourcing could be considered in order to focus on core business activities and to reduce the cost of compliance.
Keywords: Compliance Risk, Cost of Compliance, Healthcare Sector, Outsourcing, Private Hospitals Regulatory Compliance, Regulatory Risk, Risk Management
How to cite this paper: Marx, J., & Mynhardt, R. H. (2012). Private hospitals in South Africa: A compliance framework. Corporate Ownership & Control, 9(4-1), 145-153. https://doi.org/10.22495/cocv9i4c1art2