Medical Malpractice Insurance for Locum Tenens Organizations
In the new area of healthcare we face a projected shortage of physicians, while more and more people are entering the healthcare system. Locum Tenens Organizations are expected to play a significant role in the solution to this projected gap, by providing temporary and permanent placement of physicians and surgeons throughout the United States. It is also expected that Nurse Practitioners, Physician Assistants and Certified Registered Nurse Anesthetists will be relied upon to provide care to patients. Locum Tenens Organizations and Nurse Staffing firms are expected to play a major role in filling this need.
As specialists in health care liability, we are well versed in the risks faced by Locum Tenens Organizations and Nurse Staffing Firms. We know how to properly structure coverage solutions that are tailored to your specific needs. We also understand that quality improvement and cost efficiency is paramount in the environment of healthcare today. Our capabilities in Alternative Risk Financing can help structure hybrid solutions combining traditional insurance along with commercial insurance so you can share in the risk and smooth out the ups and downs of the insurance market. Simply put, we want to help you improve your insurance program and associated costs. However, we prefer to do so without sacrificing coverage, financial security, and performance of the insurance company in protecting you in court. Quite frankly, our goal is to work with you over time to achieve the optimal balance between quality and the cost to transfer risk over the long time horizon; because your assets and reputation are on the line.
The insurance and consulting solutions that we offer Locum Tenens Organizations include the following:
- Medical Professional Liability Insurance
- National Programs for contracted physicians
- National Programs for employed NP’s, PA’s and CRNAs
- Options for Claims Made or Occurrence coverage
- Excess Liability
- Cyber Liability (data and network security)
- Loss Portfolio Transfers
- Directors & Officers Coverage
- Fiduciary Liability
- Employment Practices Liability
- General Liability, Property, Umbrella
- Workers Compensation Insurance
- ERISA Bond
- Fidelity Coverage (crime)
- Business Automobile Coverage
- Alternative Risk Financing Consulting
- Fee based Insurance Consulting
It’s about expertise and service. As specialists, we use our knowledge and relationships to your advantage. We can put you in the best possible position when we bring you all your options from one source. When we negotiate quotes with all insurance companies under consideration, we receive commissions no matter which decision you make. Therefore, our work for you becomes more about the consulting and less about someone trying to sell you something. We help you gain an understanding of the differences between options that are meaningful to you. Ideally, we strive to create an environment of unbiased advice, focusing what is best for you. Going forward, we employ a world class service model built on consistently meeting or exceeding your expectations.
Our process includes learning about your current circumstances and needs, educating you on the results of our evaluation including potential solutions, and implementing a mutually agreed upon solution. We believe all clients deserve regular communication, proactive notice of cost changes, prompt return of inquiries, and general appreciation for the opportunity to serve you. When appropriate, we customize service plans to a client’s specific needs which include elements such as market studies evaluating costs, insurer comparisons, annual education sessions, claims reviews, coverage analysis, and targeted risk management and patient safety programs.