Inspections are part of governance

“Theranos Failed Second Inspection,” The Wall Street Journal, January 18, 2017 B4.  The CMS (Centers for Medicare and Medicaid Services) inspected Theranos in late September, and a few days later “Theranos said it was exiting the medical-testing business altogether.”  Theranos failed the inspection.

If you don’t takes steps to monitor performance, it’s hard to make sure people are complying with all the applicable laws and regulations (and policies).  But we knew that.

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6 Comments

Filed under Board, Compliance Verification, Controls, Corporation, Duty, Governance, Government, Internal controls, Oversight, Third parties

6 responses to “Inspections are part of governance

  1. Alex

    You really make it appear really easy together with your presentation however I to find this topic to be really one thing that I believe I might by no means understand. It seems too complex and extremely wide for me. I’m having a look forward to your next publish, I will try to get the hang of it!

    • In the archives, you will find 4 years of posts. Browse through those and you will get a sense of where I am coming from on this. Happy to direct you to other sources, too. I don’t agree with all the others in the”information governance” area, but there’s good stuff at IGI and Sedona. I also focus on the pure compliance aspect.

  2. Alex

    I’m no longer certain the place you’re getting your information, however great topic. I must spend a while learning more or figuring out more. Thanks for excellent information I used to be in search of this information for my mission.

  3. Alex

    You really make it appear really easy together with your presentation however I to find this matter to be really one thing which I feel I’d never understand. It kind of feels too complex and very huge for me. I’m taking a look forward in your subsequent publish, I will attempt to get the dangle of it!

    • Alex: thanks for stopping by, and for commenting. As I understand your comment — I agree. The subject is big. But simple. Governance includes who make the rules and how those rules are enforced. Inspections are one way that you ensure the rules are followed, and the results are what you want. Like a quality initiative. Enjoy the reads. I also have some presentations on the topic (slides plus audio) at liipfertconsulting.com

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