Blue Cross of Idaho
Wade Thornock, Vice President, Chief Compliance Officer
Experienced Director Regulatory Compliance with a demonstrated history of working in the hospital & health care industry. Skilled in Medicare Advantage, Legal Compliance, Compliance Program Management, Healthcare Industry, and Compliance Management. Strong legal professional with a Master of Public Administration (MPA) focused in Healthcare Services from University of Utah.
Since 1945, we’ve taken our role as an Idaho-based health insurance company to heart. While the health insurance marketplace has experienced lots of change in recent years, our mission has remained the same. We’re driven to help connect Idahoans to quality healthcare that is affordable and build strong networks and services with our members in mind.
WHAT ARE YOUR KEY DEPARTMENTAL OBJECTIVES OVER THE NEXT 6 TO 12 MONTHS?
Government program growth, market differentiators, member online portal improvement, destination employer
WHAT IS YOUR CURRENT TECHNOLOGY STACK?
Enterprise - Facets/Cognizant, Salesforce, Workday Compliance - SAI Global, Streamline Verify, Diligent
HOW MANY PEOPLE REPORT TO YOU (BOTH DIRECTLY AND INDIRECTLY)?
20
NUMBER OF BEDS?
N/A
NUMBER OF MEMBERS?
WHO DO YOU REPORT TO?
WHAT IS YOUR TOTAL BUDGET OVER THE NEXT 12 MONTHS PERIOD?
$150 to $300 million
PROJECT OR INITIATIVE DESCRIPTION
For Compliance, successful oversight of mental health parity requirements, risk adjustment oversight, strengthening culture of compliance and ethics
WHAT NON-BUDGETARY CHALLENGES DO YOU ANTICIPATE?
Employee engagement, heavy regulatory activity, process effectiveness, cross functional risk, enterprise risk mitigation
WHAT 3RD PARTIES ARE YOU HOPING TO MEET WITH?
Compliance issue management area
WHAT IS YOUR TIMELINE FOR IMPLEMENTATION?
12-24 months
WHAT IS YOUR BUDGET FOR THIS PROJECT?
N/A
