Regulations needed to compel safer hospital practices

first_img Read Full Story Patient safety expert Lucian Leape has called for the creation of a federal agency to compel safer hospital practices. He thinks regulation is the only way to effectively reduce the avoidable harm that takes place in the nation’s hospitals.“I’ll put my chips on brute force, and that is regulation,” said Leape, adjunct professor of health policy in the Harvard School of Public Health (HSPH) Department of Health Policy and Management, at the recent Association of Health Care Journalists conference in Boston. Following up on his remarks in a May 13, 2013 article for HealthLeaders Magazine, he said, “We need to quit blaming and punishing people when they make mistakes and recognize that errors are symptoms of a system that’s not working right, and go figure that out and change the system so no one will make that error again, hopefully. We have to change the culture so everyone feels safety is his or her responsibility and identifies hazards before someone gets hurt.”For instance, Leape said, hospitals workers should always disinfect their hands and get immunized against influenza. “But we have no mechanism for making that happen,” he said. “If a hospital doesn’t require it, nothing happens, and that’s not right. It should be illegal….It’s incomprehensible to me that hospitals can continue to not follow practices that are known to make a real difference.”last_img read more

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IDBI chief says Englands CDC,Spores GIC interested in stake

first_imgMumbai, Mar 1 (PTI) Public sector lender IDBI Bank today said international institutions like CDC of England and GIC of Singapore have shown some interest in buying stake in the bank.There were media reports that the government was in talks with the International Finance Corporation (IFC), a World Bank Group member, to sell up to 15 per cent up stake in the struggling infra-lender- turned commercial bank.”You are talking about IFC, but there are many others — CDC is there, GIC is there, these investors are looking at buying stake, because they know IDBI is a very credible bank,” managing director and chief executive Kishor Kharat told reporters here.The government owns around 80 per cent stake in IDBI Bank and Finance Minister Arun Jaitley while presenting the Budget yesterday had said the government was open to paring its stake in IDBI Bank below 50 per cent through a strategic stake sale.”The process of transformation of IDBI Bank has already started. The government will take it forward and also consider the option of reducing its stake to below 50 per cent,” Jaitley had said.The bank today announced a three-year plan to revamp it by doubling its business to Rs 10 trillion by FY19 and also to reduce its gross non-performing assets to below 3 per cent, which is close to 9 per cent now.In the December quarter, the bank had reported its worst numbers with a net loss of Rs 2,183 crore on a massive rise in NPAs, making it the second largest loss in the history of the nations banking history after BoBs over Rs 3,342 crore in the same period. PTI HV BEN NRB MKJ JMFadvertisementlast_img read more

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