Healthcare
Industry Expertise
Healthcare is a dynamic industry. Now more than ever, we are challenged with managing the risks and opportunities that face our organizations. RCM&D offers highly targeted risk management solutions for issues affecting healthcare, including new and innovative models of care delivery, workforce risks, alternative risk financing solutions that are responsive to the current markets, corporate compliance, cyber threats, and many more.
Enterprise Risk Management for Hospitals and Health Systems
RCM&D has identified the top risk concerns for this hospitals and health systems through an ERM benchmarking study. The study provides valuable insights into the biggest challenges that healthcare organizations face today.
Providing brokerage, claim administration and risk management services to hospitals associated with nearly 1/3 of all health systems in Maryland, Delaware and Pennsylvania.
Our Healthcare practice has been serving the mid-Atlantic Healthcare institutions since its first hospital client in the 1940s. That large, renowned healthcare institution is still a client today.
Healthcare is RCM&D’s largest industry practice group. Clients in the healthcare industry make up 28% of RCM&D’s commercial client base.
Overall, the RCM&D Healthcare Practice manages over $150 million in premiums for our healthcare clients.
Specialized Services for the Healthcare Industry
Leading Claim Administration Services
Recognized as an industry leader, RCM&D Self-Insured Services Company (SISCO), was formed more than 35 years ago to provide a comprehensive and innovative solution for organizations, especially those in the healthcare industry, seeking a self-insured alternative in workers’ compensation and required claim administration services.
Clinical Risk Consulting
We understand that healthcare providers face many challenges to provide superior care and navigate a complex and changing industry. Our clinical risk management solutions help healthcare institutions mitigate the risks that affect the health and wellbeing of patients and the organization as a whole.
- Risk Assessments
- Risk Program Management
- Enterprise Risk Management
- Consultative Assistance
- Customized Research
- Educational Programs
Total Telehealth
Telehealth is a rapidly expanding area of healthcare delivery with new legislation and precedents being set every day. RCM&D’s Total Telehealth service is designed to provide comprehensive solutions for telehealth practitioners by addressing risk management and patient safety issues, ensuring regulatory compliance and placing necessary insurance coverage.
Life Sciences
RCM&D’s expert risk consultants have the foresight to help life science companies plan for the current and future states of development by creating strategies that will:
- Reduce financial exposures
- Protect you against litigious action
- Increase safety
- Ensure regulatory compliance
- Foster the sustainability of your infrastructure
- Safeguard your investments
Interim Staffing Solutions
Our consultants provide critical support that will maintain or supplement the functions of your risk management department in the event of a vacancy or temporary staffing shortage. The scope includes daily functions and orientation of new risk staff, policy review, analysis of adverse events and other special projects. Our services can be tailored to meet clients’ specific needs, regardless of vacancy length, hours, and responsibilities.
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