The Private Securities Litigation Reform Act of 1995. The statute, which applies to securities class actions filed after December 22, 1995, sought to reduce abusive litigation practices by plaintiff lawyers, creates a defensive “safeharbor” for forward-looking statements, and seeks to encourage early dismissal by courts of meritless lawsuits by standardizing the pleading requirements and staying discovery until after a ruling on a motion to dismiss. Initial experiences since enactment of the legislation ironically suggests that the frequency and severity of federal securities class action lawsuits have increased under the PSLRA.
Insurance Encyclopedia
PSN
Acronym that means provider-sponsored network but is referred to as provider-sponsored organization. See provider-sponsored organization (PSO).
PSPM
Acronym that means per subscriber per month. See per member per month (PMPM).
PSRO
Acronym that means professional standards review organization. In 2003, called Quality Improvement Organization (QIO) program.
Psychiatric counseling
Interactive psychotherapy between provider and patient to understand, correct, or change communication, emotional, personality, or behavioral problems through a variety of methods. CPT codes from the Medicine Section, under Psychiatry, 90801-90899 are used for billing.
Psychiatric facility
Type of health care establishment for the diagnosis and treatment of mental illness on a 24-hour basis, by or under the supervision of a physician. Also see partial hospitalization psychiatric facility.
Psychiatric information
Handwritten, recorded, or transcribed typed data in the medical record that relate to a patient’s psychiatric diagnosis and treatment and are kept as part of the patient’s medical record.
Psychiatric residential treatment center
Health care facility or distinct part of a facility for care of patients exhibiting mental illness. The center provides a total 24-hour therapeutically planned and professionally staffed group living and learning environment.
Psychiatrist
Physician with additional medically qualified training and experience in the diagnosis, prevention, and treatment of mental and emotional disorders.
Psychiatry
Branch of medical science that deals with the causes, treatment, and prevention of mental, emotional, and behavioral disorders.