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Blue Cross & Blue Shield of Rhode Island Chooses the
Compliance 360 Solution
Atlanta, GA. – March 21, 2007 – Compliance 360, a provider
of governance, risk and compliance (GRC) management software, today
announced a leading health insurance provider, Blue Cross & Blue
Shield of Rhode Island (BCBSRI) has selected Compliance 360 to automate
and manage their compliance program.
BCBSRI has been the state’s leading health insurer for 67
years, covers more than 680,000 customers, and is known as Rhode
Island’s only locally based not-for-profit health insurance
company. BCBSRI has developed a robust Corporate Compliance & Ethics
Program to adhere to pertinent regulations and requirements as well
as foster a culture of compliance. In order to optimize their program,
BCBSRI started looking for a compliance management solution that
would heighten their awareness of applicable laws and regulatory
revisions.
BCBSRI selected Compliance 360 based on the company’s reputation
and the product’s ability to provide a real time view into “evidence
of compliance” throughout the organization. BCBSRI specifically
chose the solution to organize all of their federal and state specific
statutes and regulations in one repository, tie the regulations to
the appropriate corresponding policies, and associate this documentation
back to the business owners. Other key solution features include
a centralized database of all compliance related documentation, automated
tracking and management of compliance activities, and on-demand reporting
capabilities.
“We needed a solution that would enhance our existing processes
and staff, and provide a corporate-wide view of all our compliance
policies. We also needed a product that could tailor their offering
to our industry-specific regulations,” says Shanna Marzilli,
Compliance Officer of Blue & Cross Blue Shield of Rhode Island. “Based
on the reputation of the product and the company, we knew Compliance
360 would be a solid match for our requirements and a technology
partner we could depend on as our business grows.”
About BCBSRI
Blue Cross & Blue Shield of Rhode Island has been the state's
leading health insurer for 67 years and now covers more than 680,000
customers. Blue Cross & Blue Shield of Rhode Island is an independent
licensee of the Blue Cross and Blue Shield Association.
About Compliance 360
Compliance 360 helps companies in regulated industries address the
most important facets of a comprehensive governance, risk and compliance
management program. The results are reducing risks, improving efficiencies
and protecting a company’s brand. The Compliance 360 on-demand
software suite includes products that address IT governance, policies
and procedures management, incident management, surveys, Sarbanes
Oxley compliance and enterprise risk management. Compliance 360
has headquarters in Atlanta, GA and assists over 70,000 users everyday
in a variety of highly regulated complex business environments.
For more information, visit Compliance 360 at www.compliance360.com.
Media Contacts
Compliance 360, Inc.
Kathryn Towns
Director, Marketing
(678) 992-0262
media@compliance360.com |
