Formerly Joint Commission on Accreditation of Healthcare Organizations (JCAHO). Established in 1951 as Joint Commission on Accreditation of Hospitals (JCAH). It is a not-for-profit accrediting body for clinics, hospitals, and other federal and military facilities. The Joint Commission reviews the policies, patient records, credentialing procedures, and quality assurance programs of the facility. When the Joint Commission awards official approval, it means the quality and high standards of the facility have been met after their scrutiny. This is the goal of every facility that goes through the process about every 3 years.
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Joint Commission on Accreditation of Healthcare Organizations (JCAHO)
See: Joint Commission, The Joint Commission on Accreditation of Hospitals (JCAH)In 1913, the year of its founding, the American College of Surgeons appointed Codman to chair a committee on hospital standardization and to establish the College’s standardization program. This endeavor represents an integral part of the College’s history because it ultimately evolved into the Joint Commission on Accreditation of Hospitals in 1951 and the Joint Commission on Accreditation of Healthcare Organizations in 1987. See: Joint Commission, The .
Joint consent
Written agreement by a covered entity giving sanction to use the approval of another covered affiliated entity.
Joint Contracts Tribunal (JCT)
A company concerned for over 70 years with producing suites of standard contracts and guidance notes for the construction industry. JCT has nine constituent bodies representing the key professions and associations from both the public and private sectors. The contracts range from simple house extensions through to major public construction projects. See JCT CLAUSE 21.2.1. NON-NEGLIGENT COVER. (Visit www.jct.co.uk).
Joint Control
Control of the handling of an estate by both the Surety (bonding company) and the Fiduciary (administrator, executor, etc.). Funds are kept in joint accounts, and disbursements made only with both signatures so the Surety can assure itself that the affairs of the estate are being handled properly.
Joint control (Estate)
Control of the items that make up an estate by a bonding company, also known as a surety, and an administrative party, such as an executor, known as the fiduciary. Any funds are put in joint accounts and dispensed only with the consent of both the surety and the fiduciary.
Joint credit life insurance
Type of credit life insurance that pays a full benefit amount to a lender on the death of any of the cosigners of a loan.
Joint Excess Loss Clauses 1/1/97
Main set of clauses for the excess of loss reinsurance of London Market syndicates and companies. They are the only standard set of clauses but are sufficiently flexible to have a wide application.
Joint Excess of Loss Committee
Run by Lloyd’s and the IUA to promote standardised wordings and clauses for excess of loss reinsurance contracts.
Joint Hull Committee
A joint committee of the the IUA and Lloyd’s, to which the IUA provides the Permanent Secretary, concerned with the general wellbeing of the marine hull market. It reviews and updates the Hull Institute Clauses in consultation with the market. It has also set up Education and Marketing, Wordings and Technical, Statistics and Information, Maritime Industry Liaison and Finance sub-committees. It has established monthly market briefings to report on the work of the committee and to inform the market on current technical and safety issues. Administers joint hull understandings.
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The Joint Hull Committee in London, comprising representative underwriters from Lloyd’s and member companies of the Institute of London Underwriters, is responsible for the structure of the Joint Hull formula, which is a basis recommended for rating for hulls.