PIMS Launches Professional Liability Insurance Program For Hospitals

Premier Insurance Management Services (PIMS) has announced a new professional medical liability insurance program. The program offers risk management and hospital medical malpractice protection to not-for-profit hospital members of the Premier healthcare alliance.

PIMS, a wholly owned subsidiary of Premier and Medical Protective partner for this sponsored liability program. The program offers customized risk management plans to hospitals, targeting reductions in risk and improvements in patient safety through risk management tools, resources, education and other solutions designed to reduce exposures.

Robert Dowdy, president of PIMS, said: This offering from PIMS and Medical Protective expands beyond the traditional insurance plan. It includes Medical Protective’s review of self insured facilities that would now like to consider an alternative structure, such as loss portfolio transfer ‘capital release’ programs or risk transfer partnerships with self-funded entities.

Our goal is to help our members further improve patient safety while reducing their insurance costs. In the worst-case scenario of a lawsuit, the coverage represents an organization, its assets and its reputation.