Regulatory compliance costs firms billions each year. For any organization, much of these costs are spent training employees on regulations, administering these training requirements, and ensuring training compliance is constantly up to date.
Non-compliance has another set of costs, even beyond the obvious large fines and penalties that may occur. Failure to comply may even lead to firings, lawsuits, public censure, loss of supplier contracts, stock devaluation and even bankruptcy. In addition to alleviating many of the headaches caused by manually managing compliance requirements, learning management solutions help mitigate business compliance risks by helping you better monitor employee training status and results.
JCAHO: Joint Commission on Accreditation of Healthcare Organizations.
The Joint Commission evaluates and accredits nearly 15,000 health care organizations and programs in the United States. An independent, not-for-profit organization, the Joint Commission is the nation’s predominant standards-setting and accrediting in health care.
HIPAA: Health Insurance Portability and Accountability Act
A US regulation that gives patients greater access to their own medical records and more control over how their personally identifiable health information is used. The regulation also addresses the obligations of healthcare providers and health plans to protect health information.
The Mobile Learning Manager (MLM) can help keep your staff up to date with compliance. You can track your employees’ activities in the MLM platform using our analytics. In more advanced scenarios you can even connect to your HR system using our LMS.