Overview
The Compliance Office (TCO), operating under the name TCO Integrated Solutions, Inc., is a compliance services firm based in Houston, Texas. Since its establishment in 1988, the company has transitioned from being an employee benefits agency to a dedicated provider of compliance and consumer-directed healthcare services. TCO is highly regarded among brokers for being a responsive and reliable compliance solutions partner.
Services Offered
TCO provides an extensive array of compliance services, crucial for ensuring adherence to legal and regulatory requirements, particularly in the healthcare sector. Key services include:
- COBRA Compliance: Assists clients with compliance regarding the Consolidated Omnibus Budget Reconciliation Act for continued health insurance.
- HIPAA Compliance: Guides organizations in meeting Health Insurance Portability and Accountability Act standards, focusing on health information privacy and security.
- State Continuation: Offers solutions for complying with state-specific health coverage continuation requirements.
- ERISA Mega Wraps: Supplies Employee Retirement Income Security Act compliance services, inclusive of an optional 5500 filing.
- Premium Only Plan Documents (POP): Prepares documents allowing employees to pay specific group insurance premiums with pre-tax dollars.
- Consumer Directed Health Care Plans (CDHC): Includes administration of Flexible Spending Accounts (FSAs), Healthcare Reimbursement Arrangements (HRAs), and Health Savings Accounts (HSAs).
- 5500 Filings: Manages the completion and submission of the Annual Return/Report of Employee Benefit Plan forms.
Market Position and Importance
TCO is positioned as a preferred compliance provider for the broker community, consistently exceeding client expectations. It features a proprietary web-based COBRA compliance system, enabling clients to maintain compliance and improve operational efficiency. Clients benefit from a cohesive compliance management system that permits focus on strategic initiatives.
Key Individuals
Leading TCO is Bill Mann, the President and Chief Executive Officer, whose role is central to the company’s strategic market engagement and direction.
Contact Information
- Address: 28610 Highway 290, Ste. F09 #341, Cypress, TX 77433-5463
- Phone: 281-374-6071
- Email: customer.service@thecomplianceoffice.info
- Website: [The Compliance Office](https://www.thecomplianceoffice.com/)
Competitor Analysis
1. MyComplianceOffice (MCO)
Services Offered: MCO delivers an integrated compliance management platform focusing on risk reduction and misconduct prevention, primarily serving the financial services industry globally. The platform supports various regulatory frameworks.
Industry Presence: Prominent worldwide, MCO serves primarily financial services with streamlined compliance solutions.
Corporate Summary: MCO provides robust compliance solutions, integrating Environmental, Social, and Governance (ESG) elements in a unified approach.
2. Healthicity
Services Offered: Providing compliance and auditing solutions for healthcare organizations with platforms optimized for risk assessments and incident management.
Corporate Milestones: Founded in 2015, Healthicity quickly grew to serve over 300 clients effectively.
Leadership: Led by CEO Darin Johnson and Vice President Debi Behunin, focusing on innovation.
3. MedTrainer
Services Offered: Offers a digital platform for healthcare compliance including credentialing and learning management.
Market Impact: Services over 15,000 facilities and 300,000 users, emphasizing workflow efficiency.
Executive Leadership: Co-founders Steve Gallion and Jorge Fernandez are key in expanding their offerings.
4. SAI360
Services Offered: Governance, Risk, and Compliance software solutions with a focus on ethics learning and risk management.
Global Reach: Services a third of the Fortune 500 across over 50 countries.
Evolution: Rebranded from SAI Global to SAI360 for streamlined services.
5. NavigateHCR
Services Offered: Specializes in Healthcare Reform compliance, offering solutions like ACA reporting.
Company Vision: Simplifies Healthcare Reform compliance through effective, user-friendly solutions tailored for employers.
6. HIPAA Secure Now!
Services Offered: Delivers HIPAA compliance solutions combining technology and expert insights.
Achievements: Noted for a perfect OCR audit pass rate, ensuring robust healthcare compliance.
Strategic Insights and Market Position
TCO’s distinct position in the compliance sector arises from a focus on specialized services that resolve unique compliance challenges in healthcare and other regulated industries. Despite competition from software-based solutions such as MCO and Healthicity, TCO differentiates itself by offering comprehensive service solutions and thorough documentation facilitation. As regulatory demands increase, TCO is positioned to leverage its expertise in expanding its client base while enhancing compliance efficiency.