The primary purpose of #vendor #screening is to find any potential risks that can damage the business. For example, vendors who have a record of non-compliance or instability in finances would be difficult partners. The entire screening process assesses the #financial #health, legal status, and performance history of vendors who may ultimately partner with a #company.

Read Blog: https://blogs.venops.com/vendor-screening/

Vendor Screening – Avoid Financial and Reputational Risks
blogs.venops.com

Vendor Screening – Avoid Financial and Reputational Risks

Vendor Screening allows the healthcare organization to get detailed information about the vendors. It includes OIG background checks and other legal and financial verification