Understanding the rising cost of medical malpractice claims is crucial for healthcare risk managers. Our recent study revealed that social inflation—where claim costs outpace general inflation—has added an estimated $2.4 to $3.5 billion to losses over the past decade. How does this trend affect risk management strategies and what steps can healthcare risk managers take to mitigate its impact? James P. Lynch, FCAS MAAA, David Moore, and Susan Boisvert explore these important questions in this recently published article in the Journal of American Healthcare Risk Management, where we've sponsored open access rights. To download the article, visit: https://lnkd.in/gzxG_RGe #HealthcareRiskManagement #SocialInflation #InsranceTrends American Society for Health Care Risk Management (ASHRM)

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/9HYp30sGYuA #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Healthcare's Zero-Margin Equation One misstep, and lives are forever changed. Yet, many errors are preventable. Complacency is a luxury we can't afford. HPIC's Risk Management team is your partner in proactively strengthening defenses and improving care. Don't let a mistake dictate your next move. The future of your practice and your patients hang in the balance. Reach out to HPIC today. Let's build a future where preventable errors are a relic of the past. Your patients deserve nothing less. Thea Middleton, Lauren Cleveland, RPLU, Tonya Myers, RN, CPHRM, Tony Richard, Jessica Meadows, RN, lucy mccormac, Rick Farlow

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/SB2E30sGVFQ #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/WUKm30sGWI6 #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/RJ8Z30sHcBJ #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/YsxY30sHb28 #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/MHq430sGUwq #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/Z6GW30sH2e6 #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages

Despite historically high wages, flexible schedules and advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Despite historically high wages, flexible schedules & advancement opportunities, the healthcare industry continues to struggle to remain fully staffed. Chrystina Howard, Enterprise Risk Management leader for HUB’s Complex Risk practice & Dr. Harris Pastides, president emeritus of the University of South Carolina and epidemiologist, share insights regarding the ongoing challenges & potential solutions: https://ow.ly/ntrb30sGWqE #Healthcare #ERM #ComplexRisk #HealthcareLaborShortages