
IASIS Deploys Compliance 360 for Company-wide Policy Management
ATLANTA -- December 8, 2004 -- Compliance 360, the most widely used enterprise compliance management application, today announced its enterprise
solution has been deployed by IASIS Healthcare, a leading owner and operator of medium-sized acute care hospitals.
IASIS already had in place an online education system, but the company realized some time ago that it needed to make a change. A corporate goal was
to integrate the existing education system with one that automated the management and tracking of polices. A team within IASIS considered reasons why
the organization needed a compliance management system. One important reason was that employees were finding it difficult to locate relevant policies.
The team also identified inhibitors that prohibited employees from managing policies logically, revising those policies and having them all standardized.
"We felt strongly that by getting an online system we could enable every employee to access the policies and that the system would shift the
accountability for policy review and update to the individual, rather than the department directors or senior management," said Beverly McKenzie,
compliance manager, IASIS Healthcare. "Accurate, on-time and ongoing policy management is now fundamental to all employees and a responsibility
that is connected directly to their job performance."
The system is live and in production at IASIS and all employees have access to the Compliance 360 system, which is important. It happens frequently
at a hospital that late in the night a director is not available and an employee cannot locate the policy manual because it is behind a locked door.
The Compliance 360 solution has made this scenario history at IASIS.
When a policy was revised as a matter of routine, getting the revised policy communicated to all employees was something IASIS sought to address.
Policies are now accessible to every employee, employees know how and where to find the policies and there is an automated system for the information
consumer to keep up with these policies and for the information producer to manage and update these corporate documents.
"Without a system like ours, employees do not have the tools they need to do their jobs," said Steve McGraw, CEO, Compliance 360. "Compliance 360
develops software solutions, but there are innumerable intangibles that our technology brings to an organization like IASIS, including enabling
employees to be empowered. With our solution, IASIS employees have the confidence that they are getting the most current, consistent information
from which they can ultimately make better decisions, faster."
IASIS not only looked at the decision to find and deploy a solution for the company’s policies and procedures from a compliance perspective, but
the organization also was looking at the need for an enterprise application to streamline functions, automate processes and increase productivity
within operations as a whole. Employees from both the corporate office and from the field were part of the initiative, as they would all benefit
from a digital platform that would manage corporate governance and compliance processes.
"We looked at twelve to fifteen different companies and none of them could fully meet our needs the way the Compliance 360 system could," said
Peter Stanos, vice president of ethics and business practices, IASIS Healthcare. "This system serves all of our constituents within the whole of
our enterprise." The bottom line for IASIS is that employees have the ability to be more productive and have access to best practices. With online
policies and an automated policy management system, employees can access policies, make changes and improvements and publish these online immediately.
The system as deployed at IASIS links the aforementioned education system to the modules of the Compliance 360 solution. The regulations that a
policy supports are directly hyperlinked in the system. Plus, the regulations are directly linked to online lessons. Now that the education system
is integrated with the Compliance 360 system, administrators can create customizable lessons in addition to the content that is already in the legacy
education portion. Employees take lessons that are directly linked to a regulation or to a particular policy and the system supports the continuing
education of all employees.
About IASIS
IASISHealthcare, located in Franklin, Tennessee, is a leading owner and operator of medium-sized acute care hospitals in high-growth urban and suburban
markets. The Company operates its hospitals with a strong community focus by offering and developing healthcare services targeted to the needs of the
markets it serves, promoting strong relationships with physicians and working with local managed care plans. IASIS owns or leases 15 acute care hospitals
and one behavioral health hospital with a total of 2,257 beds in service and has total annual net revenue of approximately $1.3 billion. These hospitals
are located in five regions: Salt Lake City, UT; Phoenix, AZ; Tampa-St. Petersburg, FL; Las Vegas, NV; and four cities in Texas, including San Antonio.
IASIS also has ownership interests in three ambulatory surgery centers and owns and operates a Medicaid managed health plan in Phoenix that serves over
93,000 members. For more information on IASISHealthcare, please visit the Company's website at http://www.iasishealthcare.com.
About Compliance 360, Inc.
Compliance 360 is a leading provider of software that helps companies in regulated industries manage their corporate governance and compliance
processes through a single enterprise-wide application. Over 200 companies use Compliance 360 products to control the costs associated with enterprise
compliance management, while significantly reducing the complexities associated with monitoring and managing local, state and federal regulations.
By enabling companies to address the most important facets of a comprehensive governance program, Compliance 360 assists its customers in reducing
costs and mitigating regulatory and compliance risk. Compliance 360 is headquartered in Atlanta, Georgia. For more information,
visit http://www.compliance360.com.
NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
Contact:
Stuart Smith
Red Nine PR
404.261.0707
ssmith@redninePR.com
www.redninePR.com
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