Client Results - Healthcare
Beecher Carlson Reduces
Malpractice Premium by Over 60%
A 178-physician risk purchasing group was struggling under the weight of the rising cost of guaranteed cost medical malpractice insurance.The multi-specialty RPG engaged Beecher Carlson to conduct a complete program and operational assessment and recommend alternatives. By leveraging Beecher Carlson’s healthcare expertise, risk management experience, and advanced analytics, the RPG management was able to fully review all alternative and market options, assess their feasibility, and understand the risk management investment required to make the selected option successful.
The results: through program changes and physician education, Beecher Carlson introduced a program that reduced malpractice premium by over 60%.
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