Chasing Your Tail: Risk Management Considerations for Employed Physicians
Track
:
Risk Financing
Program Code:
W-07
Date:
Wednesday, October 19, 2011
Time:
8:45 AM to 9:45 AM
EST
Location:
Mtg Room 125 AB
CO-PRESENTER
(S):
Mary Gutman, RN, MS, CPHRM, DFASHRM, Managing Member, The Gutman Group, LLC
Mary Gutman was formerly the Director of Risk Management and Insurance for Premier Health Partners, a comprehensive health system in southwest Ohio, whose four hospital members and affiliate organizations are located in a 19 county area. She is now the managing member of a healthcare risk management consulting company- the Gutman Group. She has over 23 years in healthcare risk management and has been on the faculty of the CPHRM Review Course as well as having presented at the annual conference in 2006, 2008, 2009 and 2010. Mary has presented nationally, internationally and at the state level.
Merry Robinson, Team Leader and Client Service Manager, Brower Insurance Agency
I am an insurance broker who possesses 25+ years experience with a focus on the healthcare industry. My background includes providing consulting services and multi-line insurance placements for hospitals, large physician groups, and miscellaneous healthcare facilities. I have launched, managed, and consulted on
insurance programs for several hospitals employed physician programs, the most recent being for a group
consisting of nearly 200 members. I have held the Certified Insurance Counselor (CIC) designation since 1989
and am completing the final course to obtain the Chartered Property Casualty Underwriter (CPCU) designation in Spring, 2011.
Ms. Eldridge has been in the field of healthcare risk management for over 16 years. She has experience in clinical risk management for 8 years managed the commercial and captive insurance portfolio for Premier Health Partners. She is currently employed by Catholic Health Care Partners as the Corporate Director, Physician Risk Management. She is a CPHRM and has an MBA. She has taught at ASHRM's annual conference in Boston and at the Bermuda Captive Conference in 2009. She is an officer of the Ohio Society of Healthcare Risk Managers.
Description
Chasing Your Tail: Risk Management Considerations for Employed Physicians
Hospitals continue to increase their acquisition of employed physician practices. This session will explore the reasons for the trend and also delve into the risk management and insurance issues associated with on-boarding new physicians. Areas of focus will include a discussion about the implications of assuming prior liabilities of a Medical Malpractice policy versus requiring the doctors to purchase a tail and the need for creation of a separate physician risk management program. Two systems will share their lessons learned in this presentation.
LEARNER OUTCOMES:
Define the reasons why hospital systems are hiring physicians and how this compares with the past.
Describe risk management considerations as it relates to physician practices.
Examine and analyze the insurance issues associated with hiring physicians.