PSO information update
The Centers for Medicare & Medicaid Services (CMS) has finalized its proposal to phase in new patient safety requirements included in the Affordable Care Act (ACA) for hospitals with more than 50 beds that wish to contract with Qualified Health Plans (QHPs) in the Health Insurance Marketplaces.
By January 1, 2017, QHPs in insurance exchanges may not contract with a hospital of 50 beds or more unless that hospital has a patient safety evaluation system and reports data to a Patient Safety Organization (PSO).
The deadline originally was 2015, but has been extended two years to allow hospitals time to choose a PSO and begin reporting.
Although January 1, 2017 may seem a way off, it is not. Contracts with health plans are typically for terms of one year or more. This means that by January 1, 2016, new contracts must comply with 2017 requirements, or face cancellation at year end.
SCHA recommends the ECRI Institute PSO. Membership with ECRI not only provides the aforementioned benefits, but also offers significant return on investment. In addition to quality and safety tools included in membership, ECRI Institute’s PSO offers a national database of safety events and years of safety expertise, and members have reported improved patient safety culture and processes in their organizations.
Members can call CHPSO at 916.552.2600 to obtain support for implementing a patient safety evaluation system and automating data reporting.
For more information please contact Kathy Connolly at email@example.com or 610.825.6000.
- 10-20-2015 12:04 (EDT)