Healthcare companies today face an ever increasing burden of managing risks and complying with myriad regulations. Specific business challenges include:
- Increased regulatory and compliance pressures
- Higher degree of privacy standards and requirements
- Managing cost reductions and patient payment challenges
- Generic medication safety issues
- Increased frequency of unforeseen costs such as medical malpractice issues and worker compensation
- Increased shortage in skilled professionals such as doctors and nurses
It is in this environment, that Chief Risk Officers and Chief Compliance Officers need to operate effectively and efficiently. Specifically, the risk and compliance functions require solutions that:
- Ensure compliance with myriad regulations across multiple geographies within cost and time constraints
- Create a single, integrated view of risk and compliance across the organization
- Link risks to root causes, events, hazards and other elements of governance, risk and compliance
- Contain fraud, malpractice and false claims
- Reduce risk in supply chain
- Consolidate audit management for diverse processes
Cura Software’s suite of Governance, Risk and Compliance Management solutions was developed to help healthcare organizations make their risk and compliance initiatives more effective and efficient. With a host of satisfied customers including Health Services Australia, South African National Blood Service, Metropolitan Health. Cura Software is the undisputed leader in risk and compliance for the healthcare industry.
Specifically, Cura Software enables healthcare companies to:
- Implement Enterprise Risk Management best practices through a flexible, easy-to-use information system that allows organizations to identify, analyze, evaluate and treat both risks and opportunities in order to protect the corporate brand, create value for shareholders, owners, employees, customers and regulators. Learn More…
- Create a single, integrated system of record for all risk and compliance related information. Learn More…
- Provide real-time visibility into the state of risk and compliance management to all levels of the organization with interactive dashboards and reports Learn More…
- Comply with Health, Safety and Environment regulations with capabilities to capture, record, investigate and audit HS&E issues.
- Whistleblowing and Case Management complete with 3rd party integration and advanced scenario analysis, assist in better governed organizations with documented investigations and audits.
- Audit Management allows efficient consolidation of disparate audit requirements and results. [Learn More:
To learn more about Cura Software and our GRC solutions for the healthcare industry, visit the links below or click here to schedule a live Cura Software demonstration.