A corporate compliance program is a system designed to detect and prevent violations of the law by the company’s employees, agents and officers and directors. An effective compliance program works at establishing and maintaining a corporate culture committed to the highest level of ethical and legal behavior.
The hallmark of an effective compliance program requires that the organization exercise due diligence in seeking and preventing illegal and unethical conduct by employees and its agents. This due diligence requires, at the minimum, an organizational commitment to establish a corporate Code of Conduct that represents the corporate philosophy of ethical and legal management. The organization must appoint and charge a specific individual within its high-level personnel to have the overall authority and responsibility to oversee compliance standards and expectations. Compliance additionally requires the organization to thoroughly screen applicants and current employees for any propensity to engage in illegal activity, as well as communicate effectively to employees and agents, the organizational standards and procedures. An important component of an effective compliance program is constant and systematic risk assessment, system monitoring and auditing to detect illegal or unethical conduct as well as having in place and publicizing a reporting system whereby employees and other interested persons can report noncompliant conduct by others within the organization without fear of reprisal.A compliance program only is effective when standards are consistently enforced through appropriate disciplinary measures as well as taking reasonable steps, when a problem is discovered, to implement corrective action and any necessary program modifications.
Avalon Health Care, Inc., through its Board of Directors, years ago determined that establishing a voluntary and robust compliance program was the right thing to do. It made good business sense by protecting the company from waste, fraud and abuse. The Avalon Board appointed a full time nurse/attorney with broad base experience in compliance matters as Vice President of Compliance. Moreover, the Board acknowledged that companies that have a sound foundation of ethical conduct and act in a responsible manner outperform those lacking such a brand perception. To that end, the establishment and continued commitment to Avalon’s Corporate Compliance Program, from the top down, is a strong indicator that the Avalon brand stands for the provider of choice.
For further information about Avalon’s Corporate Compliance Program, contact the VP of Corporate Compliance at: 801-325-0165.
Avalon’s anonymous whistleblower hotline communication system can be accessed through www.silentwhistle.com or 877-874-8416