Ethics and Corporate Compliance
There are both common features and differences between ethics and compliance. Both contribute significantly and in important ways to the development of a quality organization. The differences rest in the methods and the approaches that ethics and compliance might use to foster quality. Ethics is grounded on ethical principles or moral values when the rules may not be clear. Ethics seeks to clarify systematic processes where there is uncertainty or where there is a conflict about what is right and when there may be a choice between multiple rights.
Compliance, on the other hand, is the capacity to prevent and detect violations of the law as well as to report such violations to the applicable individual or fix a gap in the system when it occurs. Therefore, the basics of compliance are law and regulation.
Ethics and compliance are both important to HealthInsight New Mexico—ethics is about doing the right thing and rooted in values by which people live their lives, and compliance is about the action of following established rules.
The Code of Conduct and Corporate Compliance Program should not be construed as creating an express or implied contract of employment or continued employment by HealthInsight New Mexico. HealthInsight New Mexico reserves the right to modify the document at any time as it deems appropriate.