Question

What is the role of the administrator in the corporate compliance program.

Answer 1

Role of Compliance administrator:

Developing, modifying, and implementing compliance policies and procedures;

Administering compliance activities and supervising compliance staff;

Monitoring compliance with the Code of Conduct;

Maintaining compliance reporting systems;

Evaluating, investigating, and documenting reports of non-compliant activity;

Coordinating internal compliance investigations and routine audits;

Developing and reviewing compliance education programs;

Serving as coordinator for external investigations and inquiries related to the Program;

Serving as Chairperson of the Corporate Compliance Committee;

Reporting compliance issues and activities on a regular basis to the Finance & Audit Committee of the Board of Trustees;

Preparing formal and informal responses to governmental investigations, inquiries, and requests with guidance from the Patient Safety/Risk Management Officer and Senior Management as appropriate;

Recording activities requiring compliance officer time and resources to document hours spent on compliance emails, phone calls, requested conflict of interest reviews, administrative responsibilities, and continuing education.