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You want to ensure your healthcare organization remains compliant with local, state and federal regulations, as well as industry best practices, so you create a compliance committee. Solving potential and current compliance issues — and getting your staff on board with new policies and procedures — is that simple, right?
Not quite. Truly effective compliance programs have employees’ buy-in so that they promote the culture of compliance — and to get them on board, your organization and compliance committee needs to function with transparency and integrity so that employees understand the why and how of policies, procedures, decisions and actions taken.
Often, a compliance committee forms with the best intentions — and then quickly spirals into a group that bottlenecks and slows processes by creating unnecessary red tape, micromanages others and comes between the chief compliance officer and the executive board.
So what does an effective compliance committee look like?
The key is to create a compliance committee that stays on target with the original goals it sets forth and keeps the organization’s overall objectives and values in mind. From there, it can weave compliance into your organization’s culture, and develop and use policies and procedures that carry out its goals and for which employees can be held accountable.
What’s the next step? Download the FREE guide: How to Ensure Employee Accountability and Compliance through Effective Policy Management.
After investing time and resources creating these policies, make sure employees read, understand and apply them to their daily job responsibilities! How? Read the Guide on How to Ensure Employee Accountability & Compliance through Effective Policy Management.
Protect intellectual property, manage grants, preserve student privacy, and outline ethical procedures.
Establish procurement policies, outline employee safety procedures, specify quality control of products, and satisfy changing regulatory guidelines.
Adhere to HIPAA, HITECH, ICD 9, ICD 10, and FDR CFR regulations, safeguard patient information, and manage healthcare compliance processes.
Comply with SEC, FDIC, FINRA, OCC, CFTC, and Federal Reserve regulations, achiever greater transparency, and manage external scrutiny.
Improve organizational transparency, underwrite policies and procedures, mitigate risk centers, and reduce volatility.
Avoid heavy penalties from local, regional, state and federal regulators, manage potential risks, and enhance employee safety and training retention.
Abide by FAA, DOT, FMCSA, FRA and FTA regulations, educate drivers and third-party vendors on guidelines, and streamline overall compliance.
Visit our resource library for industry best practice tips and for case studies on how our software has helped clients in your industry.