Premier Insurance Management Services (PIMS) has recognized six Premier healthcare alliance member hospitals and health systems with its annual American Excess Insurance Exchange (AEIX) Risk Management Award.
AEIX award winners include Baystate Medical Center of Springfield, Massachusetts; Long Beach Memorial Medical Center and Miller Children’s Hospital Long Beach of Long Beach, California; John C. Lincoln North Mountain Hospital of Phoenix; Presbyterian Hospital of Albuquerque; and Texas Health Dallas of Dallas.
“These organizations are making impactful changes in care as they collaborate to reduce liability and enhance patient safety,” said Les Meredith, senior vice president and general counsel, PIMS. “They are furthering the goal of AEIX to combine risk management with quality improvement initiatives that deliver the best clinical outcomes.”
Ninety-three hospitals and associated entities within AEIX, an excess liability risk retention group managed by PIMS, were eligible to apply for the award.
Criteria for selection included whether or not the project demonstrably reduced cost and enhanced patient safety, as well as whether clear metrics were established to track and sustain success. Another criterion is scoring “spreadability,” or how replicable the approach is for other health systems, and is also essential in the selection process. The criteria were numerically scored by a task force of corporate risk managers representing the Insurance Advisory Committee of AEIX.
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