Peminic and The Greeley Company Unite to Launch First-of-its-kind Patient Safety Organization

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In its ongoing efforts to assist the healthcare organizations in their patient safety efforts, The Greeley Company, a physician-led healthcare consulting and education company, has united with Peminic, a leading provider of patient safety and healthcare software solutions, to launch a first-of-its-kind Patient Safety Organization (PSO). The Peminic-Greeley Patient Safety Organization provides a safe environment where members' patient safety data is securely and confidentially collected, de-identified, aggregated, and reported back to all members. This provides a unique opportunity for members to improve patient safety in their organizations based on knowledge gained from the de-identified data of all members. In addition, the Peminic-Greeley Patient Safety Organization offers contracted services to other organizations who wish to leverage the tools in their own PSO.

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The combination of Peminic technology and The Greeley Company expertise gives organizations the ability to not just measure activity, but really measure improvement and return on investment in safety initiatives.

In its ongoing efforts to assist the healthcare organizations in their patient safety efforts, The Greeley Company, a physician-led healthcare consulting and education company, has united with Peminic, a leading provider of patient safety and healthcare software solutions, to launch a first-of-its-kind Patient Safety Organization (PSO). The Peminic-Greeley Patient Safety Organization provides a safe environment where members' patient safety data is securely and confidentially collected, de-identified, aggregated, and reported back to all members. This provides a unique opportunity for members to improve patient safety in their organizations based on knowledge gained from the de-identified data of all members. In addition, the Peminic-Greeley Patient Safety Organization offers contracted services to other organizations who wish to leverage the tools in their own PSO.

Recent changes in Federal laws have established the ability of healthcare organizations to submit their occurrence report data, cause analysis data, and peer review data to a Patient Safety Organization (PSO). These changes provide for stronger confidentiality and protections than some present state laws, as well as the ability of the PSO to share aggregated, de-identified information back to all of the members of the PSO. Effective use of aggregated data can increase access to a significantly larger pool of "lessons learned" and best practices, thereby reducing a healthcare organization's cost of learning from hundreds of thousands of dollars per "lesson learned" to just thousands of dollars. In addition to this significant financial benefit, it also accelerates the rate of improvement and makes facilities safer at a much faster pace, resulting ultimately in a greater reduction in the cost of risk.

According to Ken Rohde, a senior consultant with The Greeley Company, "In the past, each healthcare facility has had to individually bear a very steep 'cost of learning'. We couldn't confidently share our experiences and solutions. With the advent of the Peminic-Greeley Patient Safety Organization, we have an ideal forum to benefit from the shared learning of all our members in a safe, encouraging environment. Our key focus is on shared learning to drive faster solutions - not just more data."

The Peminic-Greeley Patient Safety Organization works in a unique way that is convenient to members. It collects, de-identifies, and aggregates information related to healthcare incidents, cause analyses, and peer reviews via Peminic data collection software. Then The Greeley Company experts provide solutions and recommendations back to members via the secure Peminic-Greeley PSO Website. They also offer contracted services to other organizations who wish to leverage the tools in their own PSO.

"We wanted a package of services that would generate operational change for our members…not just more data," noted Mike Personett, SVP Product & Business Development at Peminic. "The combination of Peminic technology and The Greeley Company expertise gives organizations the ability to not just measure activity, but really measure improvement and return on investment in safety initiatives."

The innovative services of the Peminic-Greeley Patient Safety Organization stand to drive down the cost of learning about errors and reduce the overall cost of risk created from medical errors. The reporting, collaboration tools, and consulting services provided will super-charge an organization's ability to improve not only their safety but their overall business effectiveness as well.

To learn more about the Peminic-Greeley Patient Safety Organization, visit the Web site at http://www.peminic.com. For more information and to schedule a free demonstration, you can also call Jeri Judkins, Vice President of Marketing and Inside Sales with Peminic, Inc., at 801-944-9196 or e-mail at jjudkins@peminic.com.

About The Greeley Company
The Greeley Company, a division of HCPro, Inc., is a physician-led healthcare consulting and education company. Specializing in accreditation standards and medical staff effectiveness, The Greeley Company provides practical, effective solutions to assist leaders of today's healthcare organizations. More information can be found at http://www.greeley.com.

About Peminic, Inc.
Founded in 2002, Peminic, Inc., is a leading solutions provider of patient safety, quality, patient relations, risk management and legal services, headquartered in suburban Philadelphia, PA. With over 450 hospitals nationally and 1,500 associated sites, their customers cross the breadth of the care continuum. More information can be found at http://www.peminic.com.

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