Icredit Legal Department
At Change Healthcare, I am proud to lead a thriving and unified group of 140+ legal and compliance professionals. Vanguard Law Magazine put it well when it described how we have come together in a joint venture between McKesson Corporation and Blackstone Group since Change Healthcare was founded in 2017: “She built her organization from the ground up, guided by her long-held belief that only then can a team be world-class. if it is motivated by diversity and solidarity. In fact, our team is the most diverse in Change Healthcare`s business with 14,000+ team members. We are advocates for inclusion, creativity and business collaboration, words not often associated with legal and compliance organizations. The results of a recent IPO like Change Healthcare are impressive: our legal and compliance team won several 2020 Compliance and Ethics awards, including Best Compliance and Ethics Program (Small and Mid Cap) from Corporate Counsel, General Counsel`s Compliance of the Year department, two Brandon Hall Gold Awards for compliance education and as a Financial finalist. Times. Innovative Lawyers Award – Reinventing Risk Management. I attribute the success of the Legal and Compliance department to our dedicated, hardworking and innovative team, who take the opportunity every day to support their business partners with Change Healthcare. Our legal and compliance department upholds Change Healthcare`s values, but also the mantra of compliance and ethics: do the right thing every day, the right way. In fact, it was this mentality that inspired me to create what I call our “big, hairy, bold, objective” or “BHAG.” BHAG is not asking for major government investigations, accounting restatements, major litigation, and no significant public relations incidents for the next decade. Achieving a goal of this magnitude in the highly regulated health care sector required a new approach to law and compliance and strong leadership.
As we enter 2021, BHAG is intact, more relevant than ever, and continues to deliver tremendous value to the company, its customers and shareholders, and team members working to reshape the capabilities and responsibilities of modern legal and compliance regulations. They may not see legal and compliance departments as innovators, but they have the power to create and inspire programs every day to help their businesses and employees succeed. However, the transition from traditionalist to innovator is no coincidence. It takes both an exceptional team and a bold strategic approach. (2) Completion and approval of financial evaluation. The financial rating is completed and approved by a DE insurer registered by the mortgagee in the HUD registration system. • Understand the customer journey and how to balance a customer-centric approach with key strategic business objectives (a) Each borrower must have an overall credit rating satisfactory to the Commissioner. (iii) Extenuating circumstances. If the borrower`s credit history does not meet the criteria established by the mortgagee based on the FHA guidelines in place at the time the FHA file number was assigned, mortgage borrowers should consider and document the mitigating circumstances that led to the credit problems as part of the financial assessment.
Communicates difficult concepts; transforms information into compelling business context and advice; (i) The financial assessment must be conducted in a consistent manner that does not discriminate on the basis of race, color, religion, sex, national origin, marital status, disability, marital status, actual or perceived sexual orientation, gender identity, borrower`s source of income, location of the property, or because the applicant has a right under the Consumer Credit Protection Act (15 U.S.C.
