Benefits:
Customization To Help You Succeed

Additional MedProvision advantages include:

• Premium savings:

  Enjoy potential premium savings with MedProvision's services and solutions which may include: (1) forming a captive; (2) putting your excellent loss history to work for you with a risk-transfer option; (3) consolidating all of your exposures into one program to benefit from economies of scale; or (4) other cost saving features.

• Flexibility:

  MedProvision is an a la carte program of services and solutions. Let us help you choose the services and solutions that will work best for your system. The options/choices include risk transfer vehicles, risk retention levels, and any other services you would like us to support. Let MedProvision do the rest so you can get back to assuring the delivery of excellent healthcare.

• Claims experience and authority:

  Whether you transfer your indemnity risk via a solution from MedProvision or simply opt to use ClaimsPro, you will experience the one-of-a-kind benefit that comes only from MedPro's experience in managing over 400,000 healthcare malpractice claims over the past century. Each expert on MedPro's claims team averages over 20 years of experience specific to healthcare malpractice claims. Let MedProvision leverage that experience for you.

• Coordinated claims:

  Not only does MedProvision offer solutions to utilized MedPro's claims expertise and experience, but by consolidating your healthcare malpractice risks with one carrier, you will gain efficiencies and better outcomes. This is a direct result of partnering with a single carrier, MedPro that is knowledgeable about all your malpractice exposures. Never again worry about the frustration that stems from having several malpractice carriers involved in the same claim. Let MedProvision assure a solution that will fully coordinated defense for your system—every claim, every time.

• Coordinated risk management:

  Imagine every healthcare provider in your system receiving the same consistent, cutting-edge risk management, and patient safety advice. Eliminate the uncertainty caused by receiving conflicting risk management advice. Furthermore, healthcare systems can expect savings by virtue of negotiating all contracted risk management services with one provider through a solution offered by RiskPro.

• Captive formation:

  MedProvision's program has solutions through MedPro's captive formation team that can help you evaluate whether a captive is right for your system today, or if it could be right in the future. MedPro is happy to help you protect against healthcare malpractice risk in whatever manner you deem best, whether through traditional first-dollar insurance or through the creation of a captive.

• Enhanced ability to attract employed providers:

  By creating a custom malpractice insurance program for your employed and affiliated physicians, MedProvision's solutions will give you an edge over competitors vying for the same physicians you are recruiting. How? By inviting into your insurance program those same affiliated healthcare providers whom you're recruiting today, thereby saving them money short-term (by participating in a larger insurance program with better pricing) and allowing you to get to know them better long-term. Following this strategy allows you to decide whether a permanent employment arrangement is in both of your best interests. Furthermore, offering those same affiliated physicians the option of occurrence coverage with MedPro (as opposed to claims-made coverage) will give your system a significant advantage over your competitors that can only secure claims-made coverage for their employees.

• Smarter decision making:

  Consolidating all insurance products and services with one carrier, MedPro, gives you a better and more comprehensive line of sight into pricing, claims, costs, and risk management experience, allowing you to make the most timely and cost-efficient decisions.