Verizon Healthcare IT Solutions

As a risk manager, you have been assigned to an organizational committee that has been asked to evaluate the organization and make recommendations to the compliance officer on ways to strengthen legal and ethical compliance. Using a memo format, you explain the effect of organizational ethics, culture, and values on compliance to evaluate business ethics. Preparing for the Assessment In this assessment, you will prepare a memo. A memo template has been provided for you to use. You will research organizations, not agencies, for this assessment. Remember that an organization is a company or business, such as a hospital, clinic, or insurance company. Whereas an agency is a part of the government at the federal, state, or local levels, such as the U.S. Food & Drug Administration (FDA), the U.S. Department of Labor (DOL), or a state health department. Choose 1 of the following options to complete this assignment: Verizon Healthcare IT Solutions United Healthcare Tuskegee University Hospital Stryker Corporation Mayo Clinic/Health care Juvenile Diabetes Research Foundation (JDRF) GE Healthcare Aetna Insurance Research your selected organization’s compliance information.

Sample Solution

Memorandum

To: Compliance Officer From: Risk Manager Date: 2023-11-01 Subject: Strengthening Legal and Ethical Compliance

Introduction

Organizational ethics, culture, and values have a significant impact on compliance. A strong ethical culture can help to prevent legal and ethical violations by creating an environment where employees feel comfortable reporting concerns and where they are rewarded for doing the right thing.

Full Answer Section

Verizon Healthcare IT Solutions

Verizon Healthcare IT Solutions is a leading provider of IT solutions for the healthcare industry. The company has a strong ethical culture, as evidenced by its commitment to the following values:

Integrity: Verizon Healthcare IT Solutions is committed to acting with honesty and fairness in all of its dealings.
Customer focus: Verizon Healthcare IT Solutions is committed to providing its customers with the highest quality products and services.
Innovation: Verizon Healthcare IT Solutions is committed to developing innovative solutions that help its customers to improve the quality and efficiency of healthcare delivery.
Teamwork: Verizon Healthcare IT Solutions is committed to fostering a collaborative work environment where employees can thrive.

Verizon Healthcare IT Solutions' ethical culture is supported by a number of policies and procedures, including a code of ethics, a whistleblowing policy, and a training program on legal and ethical compliance. The company also has a compliance committee that is responsible for overseeing the compliance program and for investigating any reported violations.

Recommendations

Based on my research of Verizon Healthcare IT Solutions, I recommend the following steps to strengthen legal and ethical compliance at our organization:

Adopt a code of ethics. If we do not already have a code of ethics, we should develop one that articulates our organization's values and expectations for ethical behavior. The code of ethics should be distributed to all employees and should be reviewed and updated on a regular basis.
Implement a whistleblowing policy. A whistleblowing policy encourages employees to report concerns about potential legal and ethical violations without fear of retaliation. The policy should explain how employees can report concerns and should ensure that all reports are investigated thoroughly and promptly.
Provide training on legal and ethical compliance. All employees should receive training on legal and ethical compliance. The training should cover the company's code of ethics, relevant laws and regulations, and how to report concerns.
Establish a compliance committee. A compliance committee can help to oversee the compliance program and to investigate any reported violations. The committee should be composed of senior-level employees from different departments within the organization.

Conclusion

By taking these steps, we can strengthen legal and ethical compliance at our organization and create a more ethical culture.

Sincerely,

Risk Manager

We are here to help

We have crazy offers

It’s quick and easy to place an order. We have an efficient customer service that works 24/7 to assist you.It’s quick and easy to place an order. We have an efficient customer service that works 24/7 to assist you.

We are here and ready to help

Order Now