Healthcare companies today face an ever increasing burden of managing risks and complying with myriad regulations. Specific business challenges include:
Increased regulatory and compliance pressures
Higher degree of privacy standards and requirements
Managing cost reductions and patient payment challenges
Generic medication safety issues
Increased frequency of unforeseen costs such as medical malpractice issues and worker compensation
Increased shortage in skilled professionals such as doctors and nurses
It is in this environment, that Chief Risk Officers and Chief Compliance Officers need to operate effectively and efficiently. Specifically, the risk and compliance functions require solutions that:
Ensure compliance with myriad regulations across multiple geographies within cost and time constraints
Create a single, integrated view of risk and compliance across the organization
Link risks to root causes, events, hazards and other elements of governance, risk and compliance
Contain fraud, malpractice and false claims
Reduce risk in supply chain
Consolidate audit management for diverse processes
Rede's ServiceNow Governance, Risk and Compliance Management solutions helps healthcare organizations make their risk and compliance initiatives more effective and efficient.
It enables healthcare companies to:
Implement Enterprise Risk Management best practices
Create a single, integrated system of record
Provide real-time visibility
Comply with Health, Safety and Environment
Whistle blowing and Case Management Audit Management
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