Healthcare Liability Captives Play a Role in Improving Patient Care
Healthcare liability captives contain a wealth of historical claim data related to patient safety failures and lapses in the standard of care. Under accountable care and under population management, breaches in the standard of care will increasingly not be reimbursed by payers. Historically, there was little dialogue between risk management departments and quality improvement departments in healthcare systems. The walls are coming down and we are seeing improvement in the quality of care directly related to the mistakes of the past.