In a large skillet, heat the olive oil over medium heat. Add the sliced sausage and cook, stirring occasionally, until browned, about 5 minutes.
Add the diced onion and bell pepper to the skillet. Sauté for 3-4 minutes, or until the vegetables are softened.
Stir in the minced garlic and cook for another minute until fragrant.
Add the uncooked rice to the skillet. Stir well to combine it with the sausage and vegetables.
Pour in the chicken broth and add the paprika, oregano, salt, and pepper. Bring the mixture to a boil.
Once boiling, reduce the heat to low, cover the skillet, and let it simmer for about 18-20 minutes, or until the rice is cooked and has absorbed the liquid.
Remove from heat and let sit for a few minutes before fluffing the rice with a fork.
Serve hot, garnished with chopped fresh parsley if desired.