Why?
According to Ms. Phillips, a corporate compliance committee helps your organization stay on top of changing federal regulations, enforces set policies and ensures both ethical treatment and accountability within the facility.
Who?
Build a committee from existing leaders. Also, appoint an internal auditor as well as a corporate compliance officer, she said in the blog post.
What’s It Going to Take?
Fraud, waste and abuse compliance training should be completed on an annual basis, and the corporate compliance committee should meet at least once a month, according to Ms. Phillips.
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