AMA Clinical Examples in Radiology - 2009 Bulletin 2
Red Flags Rule Implementation Delayed Until June 1, 2010
Red Flags Rule Implementation Delayed Until June 1, 2010 The Federal Trade Commission (FTC) has delayed the implementation of the Red Flags Rule until June 1, 2010 in order to give creditors more time to develop their written identity theft prevention programs, as mandated by the Fair and Accurate Credit Transaction Act of 2003 (FACTA). The development of a written identity-theft-prevention program is important to radiology and radiation oncology health care providers because they may have obligations under FACTA as "creditors." A creditor is defined as an entity that extends credit to a consumer by establishing an account...
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Article Overview
This article covers a federal regulatory update from the FTC concerning the Red Flags Rule and the extended implementation timeline. It is aimed at radiology and radiation oncology providers, practice administrators, and billing staff who need to understand how identity-theft prevention requirements may affect their organizations. The discussion is focused on compliance context, general obligations under the rule, and where to find additional FTC guidance.
Why This Topic Matters
The timing of the rule affects when affected practices need to have identity-theft prevention programs in place and understand their compliance responsibilities.
What You Will Learn
- The purpose of the Red Flags Rule in a health care compliance context
- Why the FTC delayed implementation of the rule
- Which types of providers may be affected by the compliance requirements
- Where the FTC directs readers for additional guidance and resources
Who Should Read This
- Radiologists
- Radiation oncologists
- Physician practices
- Practice administrators
- Medical billing staff
- Health care compliance personnel
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