PSO application process should take over a year
If you’re just beginning your planning process for a potential provider-sponsored organization (PSO), you’re not too late. Most experts say it will be at least late 1998 to early 1999 before HCFA will be ready to start processing PSO applications. Arthur Andersen Consulting estimates that the PSO application/approval process will take between 18 and 24 months from initial groundwork to final approval. Here are ballpark estimates of how long you can expect to spend during various stages of the application and start-up process:
Operational development three to 12 months
Application development three to six months
State license process three months
Possible waiver process two months
HCFA application processing four to six months
Site visit/ final processing one to two months
You have reached your article limit for the month. Subscribe now to access this article plus other member-only content.
- Award-winning Medical Content
- Latest Advances & Development in Medicine
- Unbiased Content