Business Fortune
Businesses need to comply with increasingly tough regulations in order not to incur financial and reputational loss, like with HIPAA. Compliancy Group became a leader in this area by creating an all-in-one software solution that allows health providers to navigate privacy and security compliance easily. Leading the group is Marc Haskelson, CEO and President, whose innovative vision and leadership have transformed the way organizations view compliance.
As a company devoted to streamlining managing compliance, Compliancy Group doesn't present only a software solution-it offers each client one-on-one access to an expert compliance coach for guidance during the compliance process. This creates a focused vision that, coupled with the great software from Compliancy, allows clients to easily gauge their efforts toward compliance and offers evidence of their resolution to secure patient data. The Seal of Compliance is awarded to clients who successfully complete compliance processes - a powerful differentiator for enhancing trust and credibility.
The Transforming Face of Compliance Management
When one asks about the evolution of compliance management, Marc Haskelson highlights how it focuses stepwise on security. "Initially, when HIPAA was introduced, there was very little interconnection between organizations. But now with the complex cyber environment today, a vulnerability in one organization's systems can result in huge risks for others," he says. Haskelson notes that healthcare businesses will increasingly be required to demonstrate compliance for themselves as well as for their suppliers and partners.
The recent surge in healthcare data breaches has resulted in new laws, including H.R. 7898, which requires healthcare organizations to show "recognized cybersecurity framework" in order to avoid high penalties. Compliancy Group's proactiveness regarding security and compliance puts its clients in the path towards adaptation to these evolving regulations, always keeping them a step ahead.
Raising an Ethical and Transparent Compliance Culture
It is an integral part of an ethical operation, says Haskelson. "Running an ethical business in healthcare requires a compliance culture, with rules, processes, and training settings as clear expectations," he further said. Compliancy Group helps businesses put forth a genuine approach to compliance and thus reduces exposure to fines, reputational damage, and lawsuits by equipping clients with practical tools for managing security weaknesses and other compliance risks.
Haskelson thinks the referring CEO empowers and trusts their team. "Trust in your team, clear communication and the ability to lead by example are the key competencies for any CEO," he says. This philosophy of leadership nurtures a strong company culture within which innovation and accountability thrive.
Perpetual Innovation and Extension to Global Markets
The company Compliancy Group is committed towards growing in its future effort of creating new solutions that meet the wider compliance needs of its client base. The company has several clients who still demand regulatory compliance solutions for privacy laws that go beyond HIPAA. Continuous innovation should project Compliancy Group as an all-encompassing brand on compliance vis-a-vis a global compliance tracker that tracks dynamic needs specific to the healthcare industry.
Under the leadership of Marc Haskelson, Compliancy Group today not only caters to the compliance needs of the health care markets, but also builds the future in an innovative approach to compliance management through which health care organizations acquire the right tools to secure sensitive information and ensure ethical business practices.
About the Leader
Marc Haskelson, President & Chief Executive Officer of Compliancy Group, has held senior positions at Hearst Publications, Experian, and AT&T. He has over thirty years of expertise in sales, marketing, and operational leadership. He is an inventor who creates fresh goods and approaches problems facing the small and midsize markets. Marc is a Visionary contributor to the American Optometric Association Political Action Committee and served as co-chair of the CompTIA Business Applications Advisory Council. His expertise lies in enhancing market inefficiencies through compliance, privacy, technology, security, customer service, and SaaS billing technologies. Along with leading software developers and HIPAA subject matter experts, he co-founded Compliancy Group in 2005. Together, they brought compliance-as-a-solution to the healthcare IT sector by combining their knowledge of technology, sales, and marketing.
