At GCO Global we are always committed to staying at the forefront of healthcare ethics and compliance, ensuring that we uphold the highest standards in everything we do. Last week, our colleague Andreea Crăcuț , had the opportunity to attend the Healthcare Ethics & Compliance Conference #HETHICO in Brussels, an essential gathering for professionals dedicated to navigating the complex and evolving healthcare landscape organized by EFPIA – European Federation of Pharmaceutical Industries and Associations ETHICS INTERNATIONAL SOCIETY OF HEALTHCARE ETHICS AND COMPLIANCE PROFESSIONALS and MedTech Europe.
Here are some of the key takeaways from the event that are particularly relevant to our work and the future of healthcare compliance:
1. Compliance as a Strategic Driver
One of the standout sessions, “How Compliance Can Unlock Strategic Value,” reinforced the idea that compliance isn’t just about risk management—it can also be a key driver of business strategy. By integrating compliance into strategic planning, companies can build stronger relationships with stakeholders, enhance transparency, and foster sustainable growth.
During the session it was emphasized how compliance can drive strategic value for MedTech Europe and EFPIA by aligning with industry priorities, navigating evolving regulations, and fostering collaboration to enhance ethical standards and trust within the healthcare sector.
2. AI in Compliance
The “Ask the Experts” session on AI Tools in Compliance highlighted the growing role of AI in transforming compliance operations. The potential for AI to streamline processes, improve decision-making, and ensure greater accuracy in compliance reporting is immense. As we continue to innovate and adapt to emerging technologies, leveraging AI in our compliance practices will be a crucial part of our strategy for maintaining efficiency and transparency.
3. Enhancing HCP Interactions with Technology
A key discussion at the conference focused on how technology is reshaping healthcare professional (HCP) interactions. The session on “Boosting HCP Interactions Management with Technology” emphasized the importance of digital tools in ensuring that these interactions remain compliant with regulations while also fostering trust and transparency. At GCO Global we are exploring ways to enhance our HCP engagement strategies with innovative, compliant technology solutions that prioritize both ethical conduct and operational efficiency.
4. Global Regulatory Landscape Updates
The conference provided a valuable Asia/US Update on the latest regulatory developments in pharma and med-tech industries. As healthcare continues to globalize, understanding regulatory changes across different regions is crucial for maintaining compliance and adapting to local requirements.
5. Perspectives from CCOs
The “Inside the Minds of CCOs” session gave attendees a current perspective on the challenges and opportunities facing Chief Compliance Officers today. From evolving regulatory demands to fostering a culture of compliance within organizations, the insights shared by the industry expert leaders were very insightful.
6. Beyond the Checkbox: Business Views on Compliance Today
One of the most thought-provoking sessions was “Beyond the Checkbox: Business Views on Compliance Today.” This session highlighted the shift from compliance being seen as a mandatory, checklist-driven function to being recognized as a core element of business integrity and value. Participants emphasized that businesses must go beyond merely ticking boxes and instead focus on creating a culture of compliance that permeates all aspects of the organization. This shift requires leadership commitment, robust ethical decision-making frameworks, and a long-term view of how compliance can drive business performance.
7. Preparing for the Future of Compliance
The final session, “Skills for Tomorrow: Ethics in the Evolving Compliance Landscape,” offered a forward-looking perspective on the skills and mindsets required for success in the compliance field. In a rapidly changing industry, it’s essential to stay agile and proactive—continuously learning and adapting to new challenges.
Looking Ahead: Ethics and Compliance in Healthcare
#HETHICO reinforced the growing importance of ethics, compliance, and innovation in healthcare. With the industry constantly evolving, it’s clear that maintaining the highest ethical standards and regulatory compliance will be crucial to building public trust, fostering innovation, and ensuring the long-term success of healthcare organizations.
We are proud to have participated in such a thoughtfully planned event as well as gathering all the valuable insights from the industry leaders, and we are excited to integrate these insights into our ongoing efforts to lead the way in ethical healthcare practices. By staying ahead of regulatory trends and leveraging new technologies, GCO Global is well-positioned to continue advancing in this ever-changing landscape.
