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In the first episode of the three-part series on the Compliance Advantage Podcast, host Ross Ronan tackles one of the most common objections from healthcare CEOs, budgeting for compliance.

Ross explains why viewing compliance solely as a cost center is a strategic mistake and reveals the hidden costs of ignoring compliance, including direct financial penalties, operational disruptions, and reputational damage.

Through real-world examples, Ross illustrates how failing to invest in compliance can lead to significant financial losses.

The episode also covers the importance of compliance due diligence during acquisitions, the risks associated with non-compliance, and introduces the concept of compliance as an asset for protecting profits and ensuring sustainable growth.

The episode underscores the theme 'compliance pays dividends' and encourages healthcare executives to rethink their approach to compliance investment.

00:00 Introduction to Compliance Budgeting
01:01 Understanding Compliance as a Strategic Asset
02:06 The Hidden Costs of Non-Compliance
04:47 Real-World Examples and Anecdotes
09:41 The True Cost of Skipping Compliance
23:43 Conclusion and Next Steps

Connect with Ross

• LinkedIn: Ross Ronan
• Podcast Show Page: The Compliance Advantage
• Ross' Company: Ronan Healthcare Compliance

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In this episode of the Compliance Advantage Podcast, host Ross Ronan discusses transforming compliance into a strategic asset with healthcare compliance leader Jean Rush. They explore how robust compliance programs can protect profits and uncover hidden revenue opportunities through accurate coding.

They also touch on the importance of compliance readiness for private equity-backed companies, operationalizing compliance programs, and the role of board members in providing oversight. Jean shares her extensive experience across various healthcare roles and offers practical advice on making compliance a proactive, integral part of a company’s culture.

Additionally, the episode highlights the critical need for board and executive education in compliance to mitigate risks and ensure regulatory adherence.

00:07 Meet Jean Rush: A Leader in Healthcare Compliance
00:44 The Importance of Compliance Programs
01:22 Welcome to the Compliance Advantage Podcast
02:28 Jean Rush's Current Focus and Board Work
03:19 Investing in Compliance Programs
03:45 Quantifying ROI from Compliance Programs
08:07 Essentials of Effective Compliance Programs
09:06 Top-Down Commitment to Compliance
10:29 Board Members' Role in Compliance
13:33 Liability and Governance in Compliance
19:49 The Strategic Role of Compliance Executives
24:42 Proactive Assessments and Internal Audits
27:58 Advice for Future Healthcare Leaders
30:42 Work-Life Harmony: Jean Rush's Approach
32:23 Conclusion and Final Thoughts

Connect with Jean Rush:
https://www.linkedIn.com/in/jean-rush-71b25a5

Jean had a long and successful career on the payer side of healthcare with roles that included President of Cigna’s Medicare business, CEO of Kentucky Spirit Healthplan and Head of Government Markets at Highmark Bluecross Blueshield. Following her retirement from her corporate roles in 2018, Jean has served on various Boards of Directors including Addus Homecare, Eventus Wholehealth, Little Spurs Pediatric Urgent Care, and WBL (Women Business Leaders in the US Healthcare Industry.) She has also served on several Advisory Boards including Aarete, Vaxcare, and The Hangout Spot.

Connect with Ross

• LinkedIn: Ross Ronan
• Podcast Show Page: The Compliance Advantage
• Ross' Company: Ronan Healthcare Compliance

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Most healthcare startups ask "when do we need compliance?" Dr. Jasen Gundersen asked a better question: "how do we build with it from the start?"

In this episode, Ross sits down with Jasen, CEO and co-founder of CardioOne, a practice enablement platform supporting independent cardiologists nationwide. Jasen shares how CardioOne grew from four people to 180 employees in three years, with compliance built into their foundation from day one, not added as an afterthought.

You'll hear candid insights on educating physicians about compliance, finding partners who solve problems instead of just enforcing rules, and why compliance programs create preferred partner status with payers and hospitals.

Jasen explains how compliance became essential infrastructure at CardioOne, the kind that enables confident growth rather than slowing it down.

If you're leading a growing healthcare organization, this conversation offers real-world wisdom on scaling responsibly while keeping patient care at the center of everything you build.

02:16 Meet Dr. Jason Gunderson: From Physician to CEO

03:16 Understanding Value-Based Care vs. Fee-for-Service

05:37 The Importance of Compliance in Healthcare

09:05 Building Trust and Managing Liability

10:15 Creating Competitive Advantage through Compliance

16:14 Navigating Regulatory Challenges and Innovation

22:37 The Importance of Compliance in Healthcare

23:07 Sponsor Message: Ronan Healthcare Compliance

23:59 Education and Training in Compliance

24:57 Qualities of a Good Compliance Executive

26:41 Building a Compliance Program from Scratch

30:06 Risk Assessments and Legal Structures

33:25 Advice for New CEOs in Healthcare

39:45 Personal Health and Leadership

41:36 Conclusion and Final Thoughts

Connect with Dr. Gundersen:

https://www.linkedin.com/in/jasen-gundersen-md-mba/

Dr. Jasen Gundersen is the CEO and Co-Founder of CardioOne, a practice enablement platform focused on supporting independent cardiologists across the country. Jasen was a practice physician that spent his career in leadership roles across multiple areas including academic medicine, hospital operations and physician practice management. He is passionate about helping supporting physicians so that they can focus on caring for patients and improving the healtcare experience for all.

Connect with Ross

• LinkedIn: Ross Ronan
• Podcast Show Page: The Compliance Advantage
• Ross' Company: Ronan Healthcare Compliance