Navigation Links
MHA Insurance Company Offers Financial Incentive to Physician Policyholders Who Use Electronic Medical Records
Date:1/21/2008

LANSING, Mich., Jan. 21 /PRNewswire/ -- Starting Feb. 1, 2008, MHA Insurance Company will grant a premium credit of up to 5 percent for qualifying policyholders who utilize an Electronic Medical Records (EMR) system. A qualifying policyholder would include independent solo physicians and group physician practices.

Currently, MHA Insurance Company provides medical professional liability insurance to more than 3,000 independent physicians in eight states throughout the greater Midwest. The coverage is placed by FinCor Solutions ( http://www.fincorsolutions.com ), the Lansing, Mich.-based affiliate of MHA Insurance Company. FinCor Solutions is a full-service, multi-line insurance agency offering traditional and alternative risk products and services for health care providers. Both MHA Insurance Company and FinCor Solutions are subsidiaries of FinCor Holdings, an integrated risk management corporation.

To receive a first-year premium credit of 5 percent, and subsequent annual 2.5 percent credits, qualifying policyholders of MHA Insurance Company must meet the following criteria:

-- The EMR system being used by the physician practice must be certified

by the Certification Commission for Healthcare Information Technology.

-- At least 75 percent of physician group members must be using the EMR

system.

-- The qualifying EMR system must be operational and in use for a minimum

of one year.

EMR systems have been shown to contribute to reduced physician risk through clear, consistent documentation, improved follow-up procedures, enhanced interpretation and communication, increased security and disaster recovery capabilities. As such, EMR systems are also linked to increased patient safety.

"As an organization dedicated to helping our clients efficiently manage risk, we view this step as a logical application of available technology. I am certain you will begin to see others follow our lead in looking at innovative ways to encourage providers to take advantage of the tools and resources that positively affect patient care," said Tom Dickinson, FinCor Holdings president and CEO.

About FinCor Holdings

FinCor Holdings Inc. is a Lansing, Mich.-based integrated risk management corporation designed to meet the risk financing, risk transfer and clinical risk management needs of today's health care providers.

FinCor Holdings and its subsidiaries - FinCor Solutions, The Risk Management and Patient Safety Institute, MHA Insurance Company, Washington Casualty Company and Capital Risk Solutions - provide industry-leading products and support services, including medical professional liability insurance, risk financing programs, workers' compensation and risk management solutions. FinCor Holdings has built a national presence and outstanding reputation for assisting hospitals and health care providers in designing effective clinical risk management programs.

For more information, visit http://www.fincorholdings.com


'/>"/>
SOURCE FinCor Holdings Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Patients with Medicaid and those lacking insurance have higher risk of advanced laryngeal cancer
2. Insurance Impacts Laryngeal Cancer Detection
3. Record Number of Americans Lack Health Insurance
4. National Association of Subrogation Professionals (NASP), the Largest Insurance Subrogation Association in the World - Announced Today that Leslie Wiernik has Joined the Organization as Director of Education
5. CIGNA Group Insurance Shows Consumers Theres More to Life Through a New Consumer Education Toolkit
6. HealthInsuranceFinders.com Launches Video Contest for Young Directors
7. Dr. Allen Woolf Appointed Chief Medical Officer For CIGNA Group Insurance
8. International Gateway Insurance Brokers Partners With MEDILINQ
9. New AHIP Report Takes a Ten Year Look at the Unintended Consequences of State Efforts to Change the Insurance Market
10. ComPsych(R) Corp. Announces Health at Work(SM) Award Winners: Sprint, Erie Insurance, City of Naperville and Green Hills Public Library
11. Health Insurance Industry Contributions to Politicians Block Regulation, Affordability in Health Care Debate, Says FTCR
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... June 24, 2016 , ... Those who have experienced ... feelings, many turn to unhealthy avenues, such as drug or alcohol abuse, as a ... has released tools for healthy coping following a traumatic event. , Trauma sufferers tend ...
(Date:6/24/2016)... Dallas, Texas (PRWEB) , ... June 24, 2016 ... ... 12th International Conference and Scientific Sessions in Dallas that it will receive two ... Announcement of the grants came as PHA marked its 25th anniversary by recognizing ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... Comfort Keepers® ... American Cancer Society and the Road To Recovery® program to drive cancer patients to ... and other adults to ensure the highest quality of life and ongoing independence. ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented its first-ever ... Medicine conference in Ponte Vedra Beach, FL. The awards honor the outstanding work ... Practice and Pediatric Emergency Medicine Practice. , “With this award, we recognize ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... ... is actively feeding the Frederick area economy by obtaining investment capital for emerging ... the past 2½ years that have already resulted in more than a million ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 2016  Consumers have taken a more active ... more emphasis on patient outcomes. ... the pharmaceutical industry have evolved beyond just providing ... are focusing on becoming more patient-oriented across their ... services that improve health. ...
(Date:6/24/2016)... , June 24, 2016   Bay ... Rehabilitation Network,s Dean Center for Tick Borne ... Medicine and Rehabilitation, MIT Hacking Medicine, University of ... Innovation, today announced the five finalists of ... Lyme disease.  More than 100 scientists, clinicians, researchers, ...
(Date:6/24/2016)... The Academy of Managed Care Pharmacy (AMCP) ... would allow biopharmaceutical companies to more easily share health ... and coverage decisions, a move that addresses the growing ... The recommendations address restrictions in the sharing of ... label, a prohibition that hinders decision makers from accessing ...
Breaking Medicine Technology: