Organizations face strategic issues of un-affordability crisis driven by administrative and medical costs, risk of nationalization of health care as well as risks related to providing new financial services like HSA, increasing regulatory compliance of Medicare, Health Insurance Portability and Accountability Act (HIPAA) and Gramm-Leach-Bliley Act (GLBA) and information security and reviews by Standard & Poor’s to name a few.
The LogicERM library includes specific indicators to address the needs of Blue Cross Blue Shield insurers along with customizable self-assessment best practice criteria for impact, likelihood and effectiveness of controls. LogicERM brings together risk management, compliance, business continuity, continuous performance improvement as well as related communication, analysis and reporting under a common platform.
Testimonials
"Our Enterprise Risk Management process grew to a point where we could not manage it with our own home-grown tools. We selected LogicManager because they understood our company’s needs from the perspective of an Enterprise Risk Manager."
John Phelps, Director of Risk Management at Blue Cross and Blue Shield of Florida
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