Collective Medical Helps Skilled Nursing Facilities Avoid CMS Penalties
Summary
SALT LAKE CITY--(BUSINESS WIRE)--Collective Medical, delivering the leading real-time ADT-based care collaboration network and provider activation, today announced a solution to support skilled nursing facilities in rapidly generating reports to comply with new CMS COVID-19 reporting requirements and avoid civil monetary penalties (CMPs). In late May, CMS released new federal guidelines requiring state participation in a targeted infection-control survey. Facilities found with violations—such as failing to report patients who have tested positive for COVID-19—will face some degree of CMP. He adds, “Collective Medical allows us to access real-time clinical information across a variety of provider organizations and identify patients that have been diagnosed with or considered at risk for COVID-19 as they transition between care settings. According to an article published by Skilled Nursing News, within five months of implementing the Collective platform, Marquis Companies—a SNF provider based in the Pacific Northwest—reduced its hospital readmissions rate by approximately 60 percent.