Ethisphere’s 2012 World’s Most Ethical Companies
University Hospitals Named to Ethisphere’s 2012 World’s Most Ethical Companies List
Award recognizes exceptional ethical leadership across continents and industries; Only hospital system in Ohio named to list
University Hospitals (UH) announced today that it has been recognized by the Ethisphere Institute, the leading business ethics think-tank, as one of the 2012 World’s Most Ethical Companies. It is the only hospital system in Ohio named to the list.
This is the first year on the list for the UH health system which has an expansive network of hospitals, physicians, health centers, outpatient surgery centers, urgent care centers, cancer and pediatric specialty centers, and rehabilitation facilities extending across Northeast Ohio.
“UH's leadership is committed to spreading the highest ethical standards throughout the organization,” said Alfred M. Rankin, UH's Chairman of the Board of Directors and former chair of the health system’s Audit and Compliance Committee. “I have witnessed first hand the development of a comprehensive compliance program that has established excellent internal controls and a culture of high ethical behavior which permeates the entire organization.”
Ethisphere recognizes UH for promoting the highest of ethical standards. Out of a record number of nominations for the award, UH secured a well-merited spot on the list by implementing and maintaining principled business practices and initiatives that are instrumental to the organization’s success, that benefit the community and that raise the bar for ethical standards within the industry.
“Every person at University Hospitals plays a role, directly or indirectly, in the patient experience and our reputation is earned by the manner in which we achieve our mission on a daily basis,” said UH CEO Thomas F. Zenty III. “Our reputation brings hope to patients who trust us to deliver the most advanced care and attracts people with the highest integrity to seek employment or an affiliation with us.”
“Everyone who comes into contact with us understands the central role integrity plays at UH. Being named to Ethisphere’s 2012 World’s Most Ethical Companies (WME) list demonstrates that we take corporate responsibility seriously and we’re honored to be included,” he said.
This is the sixth year Ethisphere has published WME rankings. Ethisphere reviewed hundreds of companies and evaluated a record number of applications using its propriety methodology through in-depth research and multi-step analysis, naming the companies that surpassed their industry peers to this year's WME list. The 2012 list features companies in more than three dozen industries, including 40 companies headquartered outside the United States. UH is one of the few non-profit organizations named to the list.
“UH recognizes the importance of a strong ethical foundation in fulfilling its mission to serve its patients,” said Alex Brigham, executive director of the Ethisphere Institute. “As more and more organizations strive for this honor each year, UH’s inclusion as a World’s Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.”
The methodology for the WME ranking includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
Read about the methodology and view the complete list of the 2012 World’s Most Ethical Companies at www.ethisphere.com/wme.
Cheryl Forino Wahl, Vice President and Chief Compliance Officer at UH, said the health system works diligently to provide an ethical framework and reporting system that enables individual employees to take the appropriate actions in their daily work.
“Our employees act in furtherance of the shared values of the organization and its mission: ‘To Heal. To Teach. To Discover,’” said Wahl. “At UH, just like patient safety, ethical and compliant behavior is everyone’s responsibility, and our Code of Conduct demonstrates to our patients and community that UH has strong values and can be relied upon to act in an ethical and compliant manner. We are grateful for this recognition by Ethisphere of UH’s values.”