Compliance regulations corporate

The investigator must remember that most clinical trial budgets derived in academic settings must conform to the Health Care Finance Administration s corporate compliance regulations. The regulations state that federal health care payers are responsible for covering only those resources that are medically necessary for the care of a patient. Taxpayer dollars (e.g.. Medicare) cannot be used to subsidize purely research activities, or for experimental or unproven medical therapies. 

Compliance-driven corporate sustainability at this level consists of providing welfare to society, within the limits of regulations from the appropriate authorities. In addition, organizations might respond to charity and stewardship considerations. The motivation can be viewed as a duty and obligation, or simply as good behaviour ... 

Management is ultimately responsible for defining the objectives of any activity. In the fields of PSM and ESH, top management might, for example, define the corporate objective as to be recognized as the leader in PSM and ESH performance in our industry or to be in compliance with all pertinent regulations and industry standards. ... 

Case reviews of corporate compliance with federal regulations.437... 

The costs associated with enviromnental and personal safety policies (the compliance burden ) pose real challenges to corporations. However, these costs serve as prudently invested dollars when weighed against the ramifications of enviromnental policy inaction, whether as regnlatory fines or market share loss. Adherence to the various Code of Federal Regulations (CFR) that apply to a large number of U.S. industries can prevent public embarrassment and help maintain cnstomer loyalty. 

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