Jarod Baccus

Director

Jarod Baccus is a Director and serves as one of Protiviti’s Healthcare Internal Audit Leads. Jarod has more than 19 years of internal audit, compliance, and consulting experience working across multiple countries while based out of the US and UK. Jarod has spent more than 15 years working in the healthcare provider industry across acute, post-acute, and physician settings. In addition, Jarod has worked with numerous large integrated healthcare delivery systems to assess and improve their internal audit function as well as their compliance, revenue cycle, operational, clinical, and financial processes. Jarod is a frequent speaker on internal audit, compliance, and next-gen concepts for various healthcare organizations. Jarod has also published various healthcare thought leadership pieces. Jarod can be reached at [email protected] or at 281.513.9559.

Major Projects

Led a Next-Gen Internal Audit Assessment for a multi-state hospital system that evaluated their internal audit function against the Next Generation Internal Auditing Framework to make recommendations to align their IA function with their strategic vision, including assessing their governance structure (IA strategic vision, organizational structure, resource and talent management, and aligned assurance), methodologies (dynamic risk assessment, agile audit approach, high impact reporting, and continuous monitoring), and their use of enabling technology (advanced analytics, robotic process automation, process mining, and machine learning / artificial intelligence).
Led an Internal Audit Program Best in Practice Assessment for a multi-state hospital system that evaluated the structure and effectiveness of the internal audit program, including internal audit’s purpose and role within the organization; collaboration efforts with other risk management functions / third parties; structure and reporting capabilities; current resource capabilities as compared to the needs of the organization; tools, analytics, and methodologies used; the audit universe considered, risk assessment process, and audit plan development / coverage; the audit approach (i.e., planning, fieldwork, reporting, and wrap-up); audit follow-up process; internal controls over financial reporting; enterprise risk management; etc.
Transformed multiple internal audit programs into co-sourced, fully outsourced, in-house, or other alternative structures to coincide with the Board’s and management’s needs. Provided training and/or subject matter expertise to assist client’s existing internal audit staff, provided qualified interim internal audit leadership, and provided supplemental staffing of experienced professionals to assist with the day-to-day operations of a client’s internal audit function.
Led a Strategic Execution Risk (SER) Enterprise Risk Management implementation project that provided transparency to executive management and the Board to enable their understanding of risks associated with and their progress towards achieving their strategic initiatives / goals. Identified key leading metrics for each of their strategic initiatives to diversify the healthcare services they provide and evaluated the metrics to determine if the client was at risk for not succeeding with their strategic initiatives.
Led multiple physician credentialing, contracting, and compensation reviews; identified industry leading contract system vendors and facilitated multiple contract system demonstrations; assisted management with evaluating the vendors and selecting a contract lifecycle management (CLM) system; and assisted with designing and implementing a new CLM system and contracting process across multiple regions, hospitals, and physician groups.
Led numerous healthcare internal audit and compliance risk assessments; compliance program effectiveness assessments; and compliance, revenue cycle, clinical, operational, and financial processes reviews.

Areas of Expertise

Healthcare:

Internal Audit
Regulatory Compliance
Revenue Cycle
Business Operations

Industry Experience