SOURCE: OPEN MINDS

Open Minds

October 24, 2016 13:25 ET

Safeguard Against Financial & Reputation Ruin With Corporate Compliance & Risk Management Programs: Upcoming Webinar For Members Of The Next Generation Forum On Children's Services

OPEN MINDS announces new members-only web briefing on November 30 at 2:00pm ET to showcase how organizations can develop and improve corporate compliance and risk management programs -- and the success Mental Health Partners has had with this area

GETTYSBURG, PA--(Marketwired - October 24, 2016) - Organizations accepting government funding can, at any time, be subjected to financial audits resulting in fraud accusations. Given this knowledge, provider organizations have become acutely aware of the importance of compliance and risk management programs designed to protect an organization from possible financial and reputation ruin. Creating, implementing, and improving risk management programs is essential for today's community providers to protect against negative consequences to both financial resources and reputation.

Of prime importance is the role of an organization's Board of Directors in assuring an organization is operating within compliance regulations. The Board is ultimately responsible for promoting and instilling a "culture of compliance" within their organization that encourages a commitment to all government rules and regulations, thereby addressing risk-areas that could lead to a "hit" on the organization's reputation or finances. Boards need to:

  • Ensure that corporate information and reporting systems are designed to prevent and detect violations of the law exist
  • Be knowledgeable about the content and operation of those information and reporting systems
  • Exercise reasonable oversight with respect to the implementation and effectiveness of such systems
  • Ensure that legally appropriate document retention policies and procedures are in place
  • Ensure that "non-retaliation" protections are operational for employees who disclose potential legal violations under the reporting system

This OPEN MINDS executive web briefing is for members of the The Next Generation Forum On Children's Services. This executive web briefing is for organizations interested in learning how to develop and improve corporate compliance and risk management programs and what the Board's role in this should be. Join OPEN MINDS senior associate, Howard Shiffman and Vicki Rodgers, MS, LPC, Chief Operating Officer & Compliance Officer at Mental Health Partners (MHP) for this informative case study-oriented web briefing on November 30, 2016 at 2:00pm ET.

MHP is a non-profit comprehensive community mental health center headquartered in Colorado. Through its center-wide ethics and compliance function and staff coordination with its Board of Directors regarding compliance, MHP has developed a successful corporate compliance and risk management program. Ms. Rodgers will provide insights on MHP's operations, policies, and procedures which she oversees and manages to ensure they reflect a culture of integrity.

During this 90-minute web briefing, attendees will:

  • Develop an understanding of corporate compliance and risk management
  • Learn how corporate compliance has changed since the passage of the Sarbanes-Oxley Act of 2002 (SOX)
  • Explore the Board of Directors' role in compliance and risk management
  • Identify essential aspects of corporate compliance and risk management programs
  • Case Study: An in-depth look into Mental Health Partner's corporate compliance program including the challenges and lessons learned

This web briefing is an exclusive event for members of The Next Generation Forum On Children's Services. If you are not a member and would like more information on The Next Generation Forum On Children's Services and how to become a member, please visit www.openminds.com/store/nextgenerationforum or contact Brittney Shindledecker at OPEN MINDS at 717-334-1329 or bshindledecker@openminds.com.

All registrants will receive (at no charge and regardless of attendance) a recording of the webinar and an electronic copy of the presentation slides at its conclusion.

ABOUT The Next Generation Forum On Children's Services

Executives of children's services organizations have been hard hit by a number of market challenges -- budget restraints, managed care, increased competition, rate and reimbursement changes, new performance measurement and outcome requirements -- just to name a few.

With the health and human services market continuing to evolve and change, the next few years will continue to be challenging ones. To help executives of children's services organizations combat these challenges and survive the turbulent market, OPEN MINDS launched The Next Generation Forum On Children's Services. Comprised of leaders from across the country and led by OPEN MINDS senior advisors, this group of thoughtleaders convenes with one singular focus -- developing the children's services of the future. Learn more at www.openminds.com/store/nextgenerationforum.

ABOUT OPEN MINDS

OPEN MINDS is a national health and human service industry market intelligence firm. Founded in 1987 and based in Gettysburg, Pennsylvania, the 75+ associates provide innovative management solutions designed to improve operational and strategic performance. Learn more at www.openminds.com.

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