HealthSure understands the needs of surgery centers, physician practices and medical facilities of all types. We’ve helped countless healthcare organizations across the nation convert risk into profits with our risk management and insurance brokerage services.
With more than 30 years of experience, our measurable, ROI-based solutions can help you take advantage of risk opportunities with alternative insurance models.
Professional Liability Insurance
One the most expensive areas of insurance for a medical facility, this coverage is critical to protect against patient claims of medical malpractice. The insurance marketplace has changed and so have the rules of the game. Don’t assume you have the most favorable version at the most competitive cost without a HealthSure review.
Employment Practices Liability
In today’s medical workplace the risk of being sued by an employee for sexual harassment, discrimination or wrongful termination are more likely than ever before.
Directors and Officers
The business practices and decisions of healthcare boards, have come under intense scrutiny from governmental regulators and the public. Lawsuits, resulting in potentially devastating financial liability, can be brought by employees, bondholders, attorneys general, providers, patients and customers, vendors, creditors, competitors and regulatory agencies.
Fiduciaries of employee benefit plans are expected to act in the best interests of the plan participants. Under the Employee Retirement Income Security Act of 1974 (ERISA), if this duty is compromised, either intentionally or unintentionally, fiduciaries can be held personally liable for losses. Any employee who has discretionary authority over a plan or who assists in its administration can be a fiduciary and thus be exposed to liability.
Property, Business Disruption, Boiler and Machinery
This coverage is imperative in protecting your facility assets, loss of revenue and for funding unexpected expenses. Many programs specific to surgery centers and medical facilities now exist.
This coverage protects employers against specific lawsuits from injured workers, and it protects injured workers by replacing some lost wages, paying for injury-related medical expenses and offering other benefits.
Billing Errors and Omissions
This important coverage provides protection for fines and penalties that may result from allegations of billing fraud, STARK violations, HIPAA violations and EMTALA violations.
The Internet poses significant risks for ambulatory surgery centers. This coverage protects against exposures related to privacy and identity theft, intellectual property, computer virus transmission and more.
The Risk Integrity Process™
Risk is unique in the business of healthcare.
Because most traditional definitions of business risk do not address a healthcare organization’s unique risk management needs, we’ve developed a process to incorporate the Enterprise Risk Management (ERM) approach into the healthcare environment. This approach enables you to identify, manage and exploit the various risks your hospital or medical group faces.
Convert Risk to Opportunity
In addition to our custom consulting work, and complimented by risk management tools and capabilities, HealthSure delivers a comprehensive approach to assessing, reducing and managing risk throughout your organization called The Risk Integrity Process™
Because every organization has unique challenges and opportunities, we start by assessing your current situation to clearly understand all aspects of quality, patient safety, physician leadership, governance, peer review, insurance, accreditation and compliance. We then work with you to develop a risk plan that is aligned with your organization’s strategic plan. Through ongoing implementation and monitoring we help you achieve consistent, measurable results.
Click here to learn more about The Risk Integrity Process™ – including self-insurance and quality improvement – and to take the first steps towards a more secure and successful future.