Keeping Physicians & Facilities Protected

Posted Friday, August 30, 2019

Did You Know? In a survey of over 4,000 physicians, 45% said the threat of lawsuits is on their mind all or most of the time

Protecting What Matters Most

In 2018, the amount paid out in medical malpractice suits was over $3.9 billion

01 | Risk Consulting

Physicians must constantly review possible areas of exposure to eliminate incidents of medical malpractice, workers’ compensation or data breach. There are providers that offer full consulting services to find areas of liability. Investigating physician organizations thoroughly and efficiently leads to identifying areas of vulnerability that require action to prevent a devastating action to a medical practice. Experts provide options and action plans that protect and benefit physicians and practices.

 

02 | Insurance Brokerage

Services are available that review and assess healthcare organizations’ current insurance coverages and determine any necessary actions that may need to be taken. With the ever-changing needs and developments within the healthcare industry, it is important that physicians are ensuring they are fully protected and secure. With the goal of minimizing insurance spend and maximizing available resources and services that can support any practice, coverage is available for:

• Medical professional liability property
• General liability
• Workers’ compensation
• Management liability (directors & officers liability, employment practices liability, fiduciary liability)
• Cyber liability/data breach
• Property & casualty insurance (not otherwise specified)
• Life, medical and disability

03 | Focus on Healthcare

With a focus on the healthcare industry and a team of specialized providers throughout the country, the vendor stands ready to serve the needs of your practice. Staying current and relevant on any and all industry-related changes and regulations is important to providing accurate and effective service. With nationwide support and local service, physicians will always have the attention and dedication of a high-quality team. Eliminating concerns of physicians leads to better service, trust and reliability with patients.

Learn More

Contact us today to learn more about the Risk Assessment and Insurance Brokerage services available, the benefits to physicians, and how to implements new and exciting services available to the healthcare industry. Click here to visit the Matrix GPO website and fill out an enrollment form.

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References

https://matrixgpo.com/Content/preferred-portfolio-member 

https://matrixgpo.com/Content/gpo-overview 

https://www.diederichhealthcare.com/the-standard/2018-medical-malpractice-payout-analysis/

https://www.medscape.com/slideshow/2017-malpractice-report-6009206#27