Insurance

Hydreight offers business owners access to three valuable resources: the Hydreight Wellness app, the Prosoft professional corporation network (for CPOM compliance), and malpractice coverage for our app users who are providing services to their clients through the Prosoft medical network.

When you sign up to use the Hydreight Wellness app, you are at the same time signing up to become an independent contractor inside the Prosoft PC network. There are many benefits to contracting with the Prosoft PC network: access to a medical director, coverage under Prosoft’s medical malpractice insurance policy, and compliance with your state’s corporate practice of medicine (CPOM) laws. As an independent contractor of Prosoft, you are essentially running your own business. As a business owner, you are responsible for managing all aspects of your business. As a licensed healthcare professional, you are always responsible for understanding and following the rules of your state’s professional licensing board. Hydreight’s malpractice insurance policy covers Hydreight, Hydreight’s subsidiaries (including our affiliated Prosoft PC medical practices), and their respective independent contractors. When you sign up to be an app user with Hydreight, you automatically join the Prosoft PC medical network as an independent contractor. One of the benefits of being an independent contractor with the Healthcare Prosoft medical network is that you are covered by Hydreight’s malpractice insurance policy.

If you are moving to LLC your EIN is needed to be entered in the new W9

Yes, Healthcare Prosoft Providers are covered by Healthcare Prosoft’s medical liability insurance policy for services performed through the Hydreight Wellness app.

Scope of Practice: all Healthcare Prosoft providers are responsible for knowing and complying with the licensing board rules, regulations and scope of practice for their profession, in their state.

The applicable standards of practice for safe sterile compounding are, at a minimum, the standards published in The United States Pharmacopeia National Formulary Chapter <797> (“Pharmaceutical Compounding – Sterile Preparations”) and other relevant USP/NF Chapters (USP <797>). In states where nurse compounding is not permitted, Healthcare Prosoft providers must use the Healthcare Prosoft push menu protocols to execute the appropriate administration of IV therapy. In states where compounding is permitted, nurses may prepare sterile medications that are categorized by USP <797> as “immediate-use CSPs,” which are needed for immediate or emergency use for a particular patient and are not to be stored for anticipated needs.  The following standards apply when preparing an immediate-use CSP:  

• Aseptic techniques, processes, and procedures are followed, and these policies are in place to minimize the potential for contact with nonsterile surfaces, introduction of particulate matter or biological fluids, and mix-ups with other conventionally manufactured products or CSPs. 
• Personnel are trained and demonstrate competency in aseptic processes as they relate to assigned tasks and the facility’s SOPs.
• Preparation of an immediate-use CSP must only involve simple transfer of not more than three commercially manufactured…sterile nonhazardous products from the manufacturer’s original containers and not more than two entries into any one container or package (e.g. bag, vial) of sterile infusion solution or administration container/device;
• Administration begins not later than one hour following the start of the preparation of the CSP (if not, the CSP must be appropriately discarded); 
• Meticulous aseptic technique must be followed during all phases of preparation.  If the CSP is not administered to the patient as soon as it is ready, the finished CSP is under continuous supervision to minimize the potential for contact with non-sterile surfaces, contamination and/or confusion with other CSPs; and  
• Unless immediately and completely administered by the person who prepared it or immediate and complete administration is witnessed by the preparer, the CSP must be labeled with at least: (a) Patient identification information;  (b) the names and amounts of all ingredients;  (c) the name or initials of the person who prepared it; and (d) the exact one hour beyond-use time.
• Any unused starting component from a single-dose container must be discarded after preparation is complete. Single-dose containers must not be used for more than one patient.