Coverys expands risk management operations through acquisition


Coverys expands risk management operations through acquisition

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Coverys, a medical liability insurer, has expanded its offering to healthcare risk managers by acquiring patient safety and risk management company, MRM Group, based in Hartford Connecticut.

MRM Group, established in 2003, provides a wide range of risk education, consulting and professional services to hospitals, health systems, group practices, GME programs and long-term facilities nationwide.

MRM includes a multi-modality approach, which includes specialty-specific, case-based, live and online education.

Its cloud-based technology platform offers simple deployment, management, and content delivery across a healthcare enterprise.

MRM Group will keep its Hartford-based operations, management team, and staff, ensuring seamless continuity as it services its clients.

“We are pleased to be joining Coverys, a company that shares our deep-rooted value of patient safety and strong commitment to offering providers high-quality risk education and consulting services,” said Kevin Kelly, chief executive officer (CEO) of MRM Group.

“The financial strength and broader client footprint that Coverys brings will allow us to have a greater impact as we support physicians and hospitals in their quest to deliver better patient care, better patient experiences, and better outcomes.”

Gregg Hanson, CEO and president of Coverys, said: “This acquisition reinforces our strategic focus to support the healthcare provider community by expanding our portfolio of services that can be offered in conjunction with our insurance protection or on a stand-alone basis, determined by the needs and desires of those we serve.”

“Over the years, we have had the advantage of seeing first-hand how MRM Group works with clients and have come to respect their focus on delivering results and building tools, like its unique technology platform, to make risk management solutions easier to implement; all at a time when nothing about healthcare seems to be easy.”

Coverys, US, Healthcare, Medical liability, Risk management, MRM Group,