Conselium Executive Search has completed a search on behalf of Orthofix International. Mr. Michael Spencer began his role of Chief Compliance Officer on 8-12-13 in their office in Lewisville, Texas.
Mr. Spencer’s responsibilities include:
- Monitoring changes in legal/regulatory requirements including federal and state health care fraud and abuse laws and regulations pertaining to federal health care program reimbursement.
- Reporting on a regular basis to the Board of Directors on compliance issues and the status of the compliance program.
- Continuing to develop written policies and procedures to implement and address existing and new compliance risk areas; developing, implementing and managing policies and programs.
- Conducting period risk assessments and centering the compliance program around such risks.
- Developing and implementing educational and training programs that focus on the elements of the global compliance program.
- Coordinating any internal and external compliance reviews of business operations and practices.
- Investigating and acting on suspected violations of applicable law and regulations and taking appropriate corrective action where appropriate.
- Developing an annual compliance work plan and annual budget of the compliance program.
- Ensuring independent contractors and agents who provide services (e.g., billing companies, distributors) are aware of the company’s compliance program.
Mr. Spencer was previously Compliance Officer for Smith & Nephew, Inc.
Company Information:
Sticks and stones may break your bones, but Orthofix International helps mend them. The company makes a variety of spinal and orthopedic devices and sports medicine products used to immobilize and patch bone, as well as stimulate new growth. Its products include Firebird spinal fixation systems, Spinal-Stim bone growth stimulator, TRUE/LOK ring fixation systems for limbs, BREG Bracing limb support and Trinity Evolution, a stem-cell based bone grafting material. Orthofix sells its products to health care providers through subsidiaries and independent distributors around the world. It maintains manufacturing facilities in Italy, Mexico, the UK and the US.
Published by Conselium Executive Search, the global leader in compliance search.
