Nursing staff education is one area that is targeted when assessing risk and when investigating incidents. However, it is often the first area targeted when balancing the budget in this world of ever dwindling resources.
Implementing electronic health records systems in long term and post-acute care (LTPAC) organizations is costly. Successful EHR implementation takes considerable money, time and energy. EHR vendors and experts cite improved management processes, better referral source integration, and regulation compliance as key benefits..
HUD/FHA provides mortgage insurance on loans that cover housing for the frail elderly. Known as a Section 232 loan, these loans help finance nursing homes and assisted living facilities. HUD loan guidelines cover multiple operational and financial areas, including insurance and risk management. More and more HUD is requiring lenders to follow specific risk management guidelines that QA Reader is designed to meet.
