Risk Assessment & Insurance Liability

Posted Monday, June 25, 2018

Did You Know? In a 2017 survey of 4,000 physicians who were involved in a malpractice lawsuit, 22% said they should have better chart documentation.

Keeping Physicians and Institutions Protected

In 2017, the amount paid out in medical malpractice suits was over $3.9 billion.

01 | Risk Consulting

There are providers that offer full consulting services to find any areas of liability. Physicians must constantly review possible areas of exposure to eliminate incidents of medical malpractice, workers’ compensation, or data breach. Investigating physician organizations thoroughly and efficiently leads to identifying areas that require action to prevent a devastating action to an organization. Experts can 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 determines 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 goals 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

• Disability

03 | Focus on Healthcare

With focus on the healthcare industry and a team of specialized providers throughout the country the vendor is ready to serve. 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 implement new and exciting services available to the health care 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