Policy and Procedures Management in the Era of the Affordable Care Act: What You Need to Know
The Patient Protection and Affordable Care Act (ACA) was signed into law by President Barack Obama in March 2010. The highly debated new law makes significant changes to the delivery of health care in the United States. The ACA has five central aims:
Why is Policy Management Critical to Governance, Risk Management, and Compliance?
Governance, risk management, and compliance (GRC) refer to an organization’s capability to reliably achieve objectives while addressing uncertainty and acting with integrity (Rasmussen, GRC 3.0 – A History of GRC, 2013). An efficient system of GRC is critical for all organizations, specifically health care organizations, as GRC helps organizations set goals and reach optimum performance. A well-managed and maintained set of policies is the backbone of a successful GRC system.
Policy Management and its Impact on Patient Safety
It is without a doubt that health care providers and administrators are committed to protecting the health and safety of their patients. However, legal, logistical, and human error can severely undermine this commitment and lead to unintended consequences. It has been said that health care is consistently behind other high-risk industries in ensuring basic safety of its users (The Institute of Medicine, 2000). One area where improvement is needed is in policy management. Manually storing, maintaining, and locating policies is time consuming and inefficient. Hospitals must be sure that policies that guide patient care are in compliance with regulatory agencies and are quickly and easily accessible to staff members. This will ensure that employees are following proper procedures and creating a safe environment for patients.
PolicyMedical is excited to announce that we will be attending the 2014 Health Care Compliance Assoc…
Welcome to our newest clients, Magee-Womens Hospital of UPMC and Stonewall Jackson Memoria…
PolicyMedical is proud to announce our newest modules, Contracts Manager, Standard Linkage Manage…
On November 1, a number of valuable updates were added to PolicyManager™. This update focused on s…