ESSENCIA HEALTHCARE, INC.  is committed to promoting high standard business ethics and accountability within the company and recognizes its corporate responsibility relating to compliance requirements unique to the healthcare industry. Our corporate compliance program is viewed as consistent with, and essential to ongoing federal and state corporate responsibilities and initiatives. We at ESSENCIA recognize the basic fiduciary duty of care principles, which require our directors and workforce to act in good faith with the care an ordinarily prudent person would exercise under similar circumstances, strictly paramount in the current corporate climate.

 

The healthcare industry operates in a heavily regulated environment with a variety of identifiable risk areas. ESSENCIA has adopted a corporate compliance program, mitigating these risks and creating standards and processes our organization relies upon, and against which, we may be held accountable. Our employees have a solid understanding of the rationale and objectives of the compliance program, as well as the goals and inherent limitations. 

 

We strongly believe that compliance with the fraud and abuse laws and other federal and state regulatory laws applicable to healthcare organizations is essential for the lawful behaviour and corporate success of our organization and the healthcare delivery system. With the adoption of a compliance program, our organization is making a long term commitment of resources because we believe that effective compliance stytems are not static programs, but rather embrace continuous improvement. 

 

ESSENCIA's code of conduct is fundamental to a successful compliance program because it articulates our company's commitment to ethical behaviour, which details the fundamental principles, values and framework for action within our organization, defining the policies and procedures we adhere to, in response to the day-to-day risks that confronts us while operating in the current healthcare system.