Understanding the distinctive insurance and risk management issues that healthcare professionals face.The healthcare industry faces new risks as well as old. We understand the distinctive insurance and risk management issues that healthcare professionals face. Demand for high quality care at the lowest possible cost, a shrinking workforce, an aging population, increased regulation, and decreasing commercial and government payments all put tremendous pressure on cost-containment initiatives, gross margins and net profit of healthcare facilities and related businesses.EWI's HealthCare practice provides clients with high-quality, practical solutions for professional and management liability risks facing the rapidly changing healthcare industry. As our Insured's representatives to the marketplace, our goal is to reduce insurance expense by employing risk identification, risk minimization, and risk financing techniques that result in lowered risk profile and achieving commensurate insurance premium savings. Our sector focus and risk mitigation expertise includes: |
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| At EWI, we have a relationship with a Risk Management firm that not only reviews a facility's operations and procedures, but provides consultative services and activities to help you improve the quality of service your staff and professionals provide, in an effort to mitigate legal action against these facilities. These services are especially valuable to the smaller facilities that do not have an in-house risk management department. Finally, EWI's consultative approach to risk management not only helps our health-care delivery Insureds' better manage their risk exposures, but also aids in the underwriting and risk placement process resulting in a measurable reduced cost-of-risk. |
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