Talks among provider, insurer and regulatory representatives to develop solvency standards for Medicare provider-sponsored organizations "have gone better than everyone had anticipated," HCFA Administrator Nancy-Ann Min DeParle said last week.
The 14-member panel that's charged with developing the solvency standards for provider networks that want to accept risk contracts directly from Medicare has met three times already, and another two meetings are scheduled for January.
The panel is debating how to value a PSO's assets for the purpose of determining whether it's financially strong enough to accept risk contracts directly from Medicare (Dec. 8, p. 8).
By comparison to previous HCFA-convened "negotiated rulemaking" panels to develop standards on other topics, the PSO solvency panel is moving much more quickly, DeParle said. She added that the talks will continue through January, indicating the panel has met its first deadline.