Is ‘Financial Accreditation’ The Answer?
Our recent articles on the financial solvency of community-based provider organizations—If 1 In 8 Community-Based Organizations Are Insolvent, The Answer Is? and Can Small Organizations Survive?—drew many comments and suggestions from our readers. But one idea, from OPEN MINDS Circle member J. Kevin Fee, managing partner of Angler West Consultants, caught my attention. Should Medicaid, Medicare, and state/county health and human service agencies only give contracts to provider organizations with a “financial accreditation,” in addition to their clinical/service licensure or accreditation? Mr. Fee explained:
My personal interest stems from the health, well-being, and . . .