
New MediRegs ComplyTrack™ 5.0 Extends Governance, Risk and Compliance Managment Capabilities
Latest Version Wins Over 125 New Users in Six Weeks
(RIVERWOODS, ILL., April 14, 2008) — More than 125 customers representing more than 400 hospitals have converted to MediRegs’ ComplyTrack™ 5.0 since its release in Q1 2008. MediRegs, part of the Wolters Kluwer Law & Business group, is the leading provider of specialized health care compliance and reimbursement research products and workflow tools.
ComplyTrack 5.0 extends prior capabilities to effectively assess risk through pre-built and fully cited risk area and departmental-based assessment and remediation plans. It features surveys and templates for issues like Conflict of Interest; Codes of Conduct; and Ethical Culture. Also enhanced are controls, project, incident and event planning and management for areas such as compliance, finance, HR, materials management, security and clinical. Contract and relationship management receive a special focus on monetary and non-monetary compensation, representative credentials and sub-agreements in ComplyTrack 5.0. This new release continues to include the industry standard and native regulatory intelligence product, the Regulation and Reimbursement Suite, used by more than 2,000 organizations in health care.
"With more than more than 127,000 client assessments executed, 11,000 customer investigations managed and 5,000 contracts recently entered, ComplyTrack 5.0 is serving as a complete infrastructure for compliance and risk management and increasingly as a bridge for our clients who are heading on the path of integrated governance, risk and compliance," said Steve Lefar, head of the MediRegs group. "With this release, and future vision to integrate advanced policy and procedure functionality, audit tools and content, we’re making solid progress toward offering all of the tools our clients need."
"ComplyTrack is a great tool for organizing risk assessments and makes even the most experienced compliance officers and consultants more efficient and effective," said Richard Kusserow, Founder and CEO of Strategic Management and former Inspector General for the U.S. Department of Health and Human Services. "Our firm is using ComplyTrack and recommending it to our clients as a way to keep up to date on the ever changing regulatory environment and to aid in quicker resolution of potential compliance issues."
For More Information
For more information on the ComplyTrack Suite, visit www.mediregs.com or call 800-808-6800.
About Wolters Kluwer Law & Business
Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, and legal and regulatory sectors. Wolters Kluwer had 2006 annual revenues of €3.4 billion, employs approximately 18,450 people worldwide, and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.
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