Patient safety initiatives linked to claims reductions in obstetrics and
CHICAGO, Oct. 2 /PRNewswire-FirstCall/ -- The frequency and severity of hospital claims are at new lows, according to the Aon Corporation 2007 Hospital Professional Liability and Physician Liability Benchmark Analysis released today. The annual report, the most comprehensive look at liability claims in the U.S. health care industry, is published by Aon Corporation (NYSE: AOC) in conjunction with the American Society for Healthcare Risk Management.
The study measures 65,689 non-zero claims representing more than $7.7 billion of incurred losses. More than 80 health care organizations representing 1,000 facilities and 90,000 licensed beds contributed to the study.
Findings at a glance:
-- Hospital claims are at their lowest levels in eight years.
-- Claim severity is increasing at just three percent annually -- the
lowest severity trend in eight years.
-- For the third straight year, there has been no increase in the
frequency of claims.
-- Patient safety initiatives aimed at obstetrics and emergency
departments are linked to reductions in the number of claims in those
-- Facilities that are recognized for their patient safety initiatives
exhibit lower liability loss costs.
-- Frequency, severity and loss cost benchmark statistics vary
significantly by state.
For the third straight year, the industry has seen no increa
|SOURCE Aon Corporation|
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