Latest news with #ComplianceProgram
Associated Press
19-05-2025
- Business
- Associated Press
DocGo Wins 'Compliance Management Innovation Award' in 2025 MedTech Breakthrough Awards Program
NEW YORK--(BUSINESS WIRE)--May 19, 2025-- DocGo Inc. (Nasdaq: DCGO) ('DocGo'), a leading provider of technology-enabled mobile health services, today announced that it has been selected as winner of the 'Compliance Management Innovation Award' in the 9 th annual MedTech Breakthrough Awards program conducted by MedTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market. DocGo's breakthrough Compliance Program excels at adapting to the organization's dynamic environment and consistently updating its strategies to address emerging risks and technologies. The program's approach focuses on managing ethics, compliance, and risk management to strengthen corporate culture, drive results, and promote transparency and accountability within the healthcare industry. DocGo's Compliance Program ensures alignment with industry standards and federal and state regulations, even as the organization scales rapidly and introduces innovative solutions to the healthcare industry. The program's annual compliance survey, a key component, provides employees with an additional confidential channel to report concerns and share feedback. 'Our Compliance Program has been an essential component in the success of our organization, and is built on the foundation of organizational excellence. Along with transparency and ethical practices, our approach remains focused on fostering a culture of trust,' said Stephen Sugrue, DocGo's Chief Compliance Officer. 'We're grateful to MedTech Breakthrough for this recognition, and we remain committed to delivering high quality, highly accessible healthcare to all, and through our meticulously crafted Compliance Program, to do so ethically.' The MedTech Breakthrough Awards program celebrates excellence and innovation in the health and medical technology industry, recognizing the companies, products, and solutions driving meaningful progress and improving patient care. Spanning a wide range of categories—including Telehealth, Clinical Administration, Patient Engagement, Electronic Health Records (EHR), Virtual Care, Medical Devices, Medical Data & Privacy, and beyond—the awards highlight the groundbreaking work that is transforming the healthcare landscape. This year's program saw a record-breaking number of nominations from leading companies and startups across more than 18 countries, showcasing the global impact and momentum of the digital healthcare industry today. 'DocGo's approach to compliance offers innovative strategies to consistently build a strong foundation. Healthcare organizations need to implement and streamline policies and procedures that address emerging issues and ensure compliance with regulatory standards. From patient safety to care quality, to employee satisfaction, the right policies build trust and reputation,' said Steve Johansson, managing director, MedTech Breakthrough. 'DocGo's Compliance Program has all the hallmarks of a well-designed program with ample resources, empowerment, and the evidence of working incredibly well in practice. We're thrilled to award them our 2025 'Compliance Management Innovation Award!'' By incorporating the Department of Justice (DOJ) 2024 Evaluation of Corporate Compliance Programs, DocGo's program has been able to further improve its effectiveness strategies. This guidance has been the model framework in building the 2025 Compliance & Audit Work Plan, a valuable resource that assesses the program based on the DOJ's risk strategy initiatives. The work plan has been enhanced with various risk assessments conducted by key stakeholders, as well as incorporating and handling risks with new and emerging technology, and streamlining cybersecurity procedures to improve HIPAA privacy objectives. Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose. View source version on CONTACT: Investors: Mike Cole DocGo 949-444-1341 [email protected] [email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: APPS/APPLICATIONS MOBILE/WIRELESS TECHNOLOGY HOSPITALS HEALTH TECHNOLOGY TELEMEDICINE/VIRTUAL MEDICINE SOFTWARE PRACTICE MANAGEMENT MANAGED CARE HEALTH SOURCE: DocGo Inc. Copyright Business Wire 2025. PUB: 05/19/2025 07:35 AM/DISC: 05/19/2025 07:35 AM
Yahoo
16-05-2025
- Business
- Yahoo
Wynn Las Vegas, gaming regulators agree to $5.5 million fine, anti-money laundering steps
LAS VEGAS (KLAS) — Nevada gaming regulators and Wynn Las Vegas have agreed to a proposed $5.5 million fine related to money laundering violations that were revealed during a 2024 investigation. A news release on Thursday from the Nevada Gaming Control Board (NGCB) indicates that the settlement could be approved at the May 22 meeting of the Nevada Gaming Commission. The proposed settlement dictates specific conditions to be put on Wynn's gaming license, as well as remedial measures, training and employee awareness of anti-money laundering requirements. Wynn Las Vegas forfeited $130 million to federal authorities and admitted to allowing unlicensed money transfers to gamblers at the Las Vegas Strip resort in 2024. A non-prosecution agreement between Wynn Las Vegas and the U.S. Attorney's Office for the Southern District of California contained information cited in the NGCB complaint against Wynn Las Vegas, LLC. Those included: Unsuitable methods of operation arising from activities related to unregistered money transmitting businesses Facilitating international monetary transactions Allowing proxy betting and other prohibited monetary transactions Former employees allowed international customers to gamble money obtained through these transactions. In some instances, wagers were placed for other customers in violation of Wynn's Anti-Money Laundering (AML) Compliance Program, according to the NGCB news release. That constitutes a violation of Wynn's gaming license. 'Upon resolution of the federal case, NGCB Enforcement Agents completed a separate regulatory investigation and received full cooperation from Wynn LV througout the investigation,' according to the NGCB. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
