According to the OIG, what can an effective compliance program promote?

An effective compliance program primarily aims to promote ethical business practices and adherence to legal and regulatory requirements within an organization. When implemented successfully, such a program fosters a culture of compliance that not only helps mitigate risks associated with legal violations but can also lead to financial success.

Financial success is a direct result of compliance programs because they enhance the organization's reputation, minimize the risk of penalties and fines from legal violations, and create a more efficient operational environment. By ensuring that the organization follows laws, regulations, and internal policies, a compliance program helps to protect against costly legal issues and fosters trust among patients, payers, and regulatory bodies.

In contrast, the other options do not align with the objectives of an effective compliance program. Legal violations are counterproductive to compliance efforts and can lead to significant penalties and reputational damage. Increased employee turnover typically signals an ineffective work environment, which a compliance program aims to improve by promoting ethical standards and a supportive culture. Lastly, price inflation in healthcare is not fostered by compliance programs; rather, they seek to ensure transparency and fairness in pricing practices, helping to stabilize costs while safeguarding patient access to care.