Corporate Governance 

An organisational responsibility. 

Corporate Governance in the NHS can be defined as: “Delivering safe, effective services in a caring and compassionate environment in a way that is responsive to the changing needs of the patients and service users” (Monitor, 2014) 

The NHS Foundation Trust Code of Governance  sets out the main principles of the Corporate Governance and how these apply to trusts. 

The key features involve:

  • Leadership
  • Effectiveness 
  • Accountability
  • Renumeration
  • Relations with stakeholders

Accountability

Accountability is made up of:

  • Operational reporting
  • Risk management and internal control 
  • Audit committee and auditors

Operational Reporting

The main principle of accountability is that the board of directors are able to deliver “fair, balanced and understandable assessment” with regards to the trusts position. This extends to reports as well as information required to be presented by statutory requirements. 

The board of directors “should establish arrangements that will enable it to ensure the information presented is fair, balanced and understandable”

Orvistas Document Management System is able to collect robust data with regards to the documents an organisation holds. Alongside documents, it holds information such as when it was uploaded, it’s review date, cycle as well as authors. In addition to this, any and every change that is made to the document is recorded by the system in an easy to access and view way. Orvista will help an organisation discharge the responsibilities of operational reporting

Risk management and internal control

The board is responsible for “determining the nature and extend of the significant risks it is willling to take” and furthermore “the board should maintain sound risk management systems [to maintain patient safety and service quality]”

There is also an obligation to report on internal control through the Annual Governance Statement in the annual report. 

Finally, “an internal audit function can assist a trust to accomplish its objectives but bringing a systematic, disciplined approach to evaluating and continually importing the effectiveness of its risk management and internal control processes”

Clearly Orvista can play a major roll in assisting the organisation in these responsibilities. The Document Management System is designed to safeguard information and prevent it falling out of date and being auctioned upon by staff, with potential danger to patients. Our simple system has been built from the ground up to eliminate these risks. 

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