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Jackson Health System to Implement Compliance 360’s Compliance and Risk Management SolutionAtlanta, GA. – June 13, 2007 – Compliance 360, Inc., a provider of governance, risk and compliance (GRC) management software, today announced that Jackson Health System, one of South Florida’s most comprehensive healthcare providers, is currently implementing Compliance 360 solutions to automate manual operational processes, improve enterprise risk management capability, and more effectively manage an increasingly complex regulatory environment. After evaluating several Governance, Risk and Compliance (GRC) software platforms, Jackson Health System selected Compliance 360 to manage their regulatory assessment process, automate contract management, conduct surveys, track incidents, and have a real-time view into the organization’s “evidence of compliance”. In addition, the Internal Audit and Compliance Departments are leveraging the Compliance 360 Enterprise Risk Management module to standardize their risk management process. The solution assists the organization in prioritizing key risk areas, establishing and measuring against an appropriate risk tolerance, and automating the testing of key process controls. Executives are kept aware of the changing status of the risk environment through automatic notifications sent to their email accounts thus enabling a quicker response to risks that have fallen outside of the established tolerance level. Jackson Health System also needed a better way to manage the myriad of state, federal, and industry requirements which present a demanding challenge for this operationally complex organization. The Compliance 360 and LexisNexis integration package allows them to conduct regulatory research and manage the relevant state and federal regulations within the Compliance 360 repository. Utilizing the solution, Jackson will be able stay abreast of newly proposed or enacted laws and regulations applicable to their business and more effectively manage the impact changing laws and regulations have on their compliance program.
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