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Compliance 360's Customer Wins Best Compliance Practices Award for 2006.


Health Care Service Corporation (HCSC HCSC Higher Command and Staff Course (educational Course run at the Joint Services Command & Staff College, Shrivenham, UK)
HCSC Here Comes Santa Claus
) wins Regulatory Oversight Award from Health Ethics Trust (HET)

ATLANTA -- Compliance 360, a provider of governance, risk and compliance management software, is pleased to announce that Health Care Service Corporation (HCSC) recently received a Best Practices award by Health Ethics Trust (HET). HCSC, a Compliance 360 customer, was presented with their award named the "Regulatory Oversight Office Award" during the annual Healthcare Best Compliance Practices Forum ceremony held in Alexandria, Virginia Alexandria is an independent city in the Commonwealth of Virginia. As of the 2000 census, the city had a total population of 128,284. Located along the Western bank of the Potomac River, Alexandria is approximately 6 miles (9.6 kilometers) south of downtown Washington, DC. .

The Health Ethics Trust (HET) is a division of the Council of Ethical Organizations and a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  working with the healthcare industry since 1980 on practical approaches to compliance issues. The awards given by this committee are competitive and based on a peer review process that has evolved over the past 11 years. Trust President Mark Pastin, Ph.D. commented, "These are the only true industry recognition awards for integrity and compliance practices. The organizations that have won awards have incredible compliance track records."

"We are proud to be associated with HCSC and their leadership in the health insurance industry," stated Steve McGraw, president and chief executive officer, Compliance 360, Inc. "We applaud their recent success and look forward to assisting them as they continue their excellence."

About Health Care Service Corporation

Founded in 1936, HCSC is the largest non-investor-owned health insurer in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and the fourth largest health insurer in the country overall, operating the Blue Cross and Blue Shield Blue Shield A US not-for-profit health care insurer that is a reimbursement intermediary for physicians. Cf Blue Cross.  plans in Illinois, New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , Oklahoma and Texas. HCSC's life insurance subsidiaries, Fort Dearborn Life Insurance Company in Illinois and Colorado Bankers Life Insurance Company in Colorado, operate as Preferred Financial Group and offer life insurance and financial products. HCSC is an independent licensee of the Blue Cross and Blue Shield Association
Blue Cross redirects here. For other uses, see Blue Cross (disambiguation)
The Blue Cross and Blue Shield Association (BCBSA) is a American federation of 39 independent, community-based and locally operated Blue Cross and Blue Shield healthcare
. For more information, please visit www.hcsc.com.

About Compliance 360

Compliance 360 helps companies in regulated industries address the most important facets of a comprehensive governance, risk and compliance management program--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 Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  management, incident management, surveys, Sarbanes Oxley compliance and enterprise risk management. Compliance 360 has headquarters in Atlanta, GA and serves over 300 customers in financial services, healthcare, insurance, and other highly regulated complex business environments. For more information, visit Compliance 360 at www.compliance360.com.

Editor's Note: Compliance 360 is a registered trademark of Compliance 360, Inc. All other trademarks are recognized as proprietary to their owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 14, 2006
Words:414
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