Session Information
ASHRM 2010 Annual Conference & Exhibition
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Taking a Bite Out of the Total Cost of Risk
Track : Risk Financing
Program Code: FR-07
Date: Friday, October 15, 2010
Time: 10:30 AM to 11:30 AM  EST
Location: CC - Room 7-9
CO-PRESENTER :
 Cindy Lusignan, HRM, Senior Vice President, Marsh
PRESENTER :
 James Roberts, J.D., General Counsel, Shands HealthCare
Description
Shands HealthCare reduced its total cost of risk (TCOR) for GL, WC, Property and other non-professional liability lines by over 6% within a 3-month period. James Roberts, Shands' General Counsel, will present a case study describing how Shands achieved this significant savings. This case study will discuss the major program components that were evaluated and the changes that were made to realize cost savings: the insurance and risk transfer program, claim costs, loss control, TPA expenses, and broker expenses.

Shands is a multi-hospital system including 2 academic medical centers and 6 acute care community hospitals affiliated with University of Florida.


LEARNER OUTCOMES:
  • Construct an evaluation tool(s) for risk transfer v retention, retention levels, and coverage gaps.
  • Construct purposeful questions to quantify broker services, cost, fees, and expertise.
  • outline the critical steps to analyzing and reducing total cost of risk in an acute care setting.


Audio Synchronized to PowerPoint
(Code: FR-07)
Attendee:Free
  
This session is a part of:
Handout Online
(Code: FR-07)
Attendee:Free
  
This session is a part of: