Co-Med

Co-Med is a family doctors chain that provided primary care services. The company later became involved in fraudulent expense declarations and faced bankruptcy after insurers terminated its contracts.

CCI Score

-40.50

0.03% April 18

Latest Event

Forced Labor Risk in Healthcare Supply Chains Highlights Need for Co-Med Due Diligence

A government-issued publication details the risks of forced labor in healthcare supply chains, emphasizing the importance of robust due diligence in supply chain ethics and labor relations. This event highlights that companies in the healthcare sector, such as Co-Med, may be at risk of complicity in human rights abuses if they fail to implement effective safeguards.

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TOADIE

Co-Med is currently rated as a Toadie.

-30 to -44 CCI Score

Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

OCT

01

2024

Forced Labor Risk in Healthcare Supply Chains Highlights Need for Co-Med Due Diligence
-44.97

A government-issued publication details the risks of forced labor in healthcare supply chains, emphasizing the importance of robust due diligence in supply chain ethics and labor relations. This event highlights that companies in the healthcare sector, such as Co-Med, may be at risk of complicity in human rights abuses if they fail to implement effective safeguards.
-50

Supply Chain Ethics

March 20

The publication underscores significant risks related to forced labor in healthcare supply chains. For a company like Co-Med, inadequate due diligence and lack of robust supply chain ethics may lead to indirect complicity in human rights abuses. The detailed guidelines provided by federal authorities suggest that failure to adhere to these due diligence measures could contribute to unethical sourcing practices.

Forced Labor Risk in Supply Chains Considerations for Healthcare
-45

Labor Relations and Human Rights Practices

March 20

Forced labor represents a severe violation of labor rights. The document highlights the necessity for healthcare organizations to conduct rigorous risk assessments and implement policies that protect workers from exploitation. Co-Med, operating in the healthcare sector, risks reputational and legal damage if its labor practices and oversight of supplier labor standards fall short of these recommendations.

Forced Labor Risk in Supply Chains Considerations for Healthcare
APR

01

2024

Call for Ethical Supply Chain Practices in Healthcare
-36.02

An article in the Journal of Ethics highlights the urgent need for healthcare organizations to implement robust compliance and supplier oversight measures to prevent forced labor and human trafficking in their supply chains. This is particularly relevant for companies like Co-Med, which, as a healthcare provider, must ensure that its procurement and labor practices adhere to ethical standards.
-40

Supply Chain Ethics

March 20

The article emphasizes the importance of implementing rigorous supply chain ethics to prevent forced labor and human trafficking in healthcare organizations. Given Co-Med's role as a healthcare provider, the lack of evidence of proactive measures in this domain—as well as its history of fraudulent practices—raises concerns regarding its commitment to ethical sourcing and labor practices. This negative rating reflects potential vulnerabilities that could indirectly support authoritarian practices through compromised corporate ethics.

How Should Health Care Organizations Limit Roles of Human Trafficking in Their Labor and Supply Chains?