Partnerships among institutions of higher education and medical centers can provide each party with significant value within a framework of clearly defined and followed objectives. Affiliation agreements that lack pertinent information could result in unrealistic expectations, inconsistent processes and an inability to capitalize on the benefits of the partnership, among other consequences.
Internal audit can help to clarify and enhance each organization’s position through a thoughtful, thorough review of the affiliation agreement that alleviates ambiguity, resolves conflicts and achieves a more harmonious and successful future for the affiliate relationship.
In their Winter 2020 New Perspectives publication, The Association of Healthcare Internal Auditors (AHIA) featured Baker Tilly’s article that explores this topic.