Corporate Compliance Planning & Best Practices
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Overview
Cozen O’Connor’s health law practice has significant experience in compliance systems for various types of providers. Our attorneys have developed comprehensive compliance programs, written and revised compliance plans, conducted compliance reviews of the operations of various types of healthcare providers, undertaken internal investigations, and negotiated with both the Department of Justice and Office of the Inspector General, and counseled clients in connection with obligations arising under Corporate Integrity Agreements with the government.
The collapse of Enron, Worldcom, HealthSouth, et al., and the passage of the Sarbanes-Oxley Act, have reminded corporate boards of directors of the importance of their fiduciary duties to healthcare institutions. Our attorneys regularly advise our healthcare clients on the development, implementation and monitoring of financial and regulatory “best practices.” We have developed policies and procedures adapted from Sarbanes-Oxley to assist client boards of directors on how to better manage their outside auditing firms and consultants, and to strengthen the boards’ oversight and the accountability of management over internal financial control matters.