Navigation Links
QHR, Gallagher Partnership Yields More Thank $4 Million for QHR Hospital Clients
Date:2/19/2009

Sixteen QHR hospital clients received unexpected checks totaling nearly $4.4 million in February. The payments - ranging from $65,000 to more than $750,000 - were paid to QHR hospital clients participating in a unique and innovative partnership between the hospital management company and Gallagher Healthcare Insurance Services. Under the QHR/Gallagher Retro Insurance Program, hospital groups that experience less than projected risk management expenses are eligible for a premium return of up to 50 percent. The checks issued to the QHR group this month reflect premium refunds for 2003 and 2004.

Brentwood, Tenn. (PRWEB) February 19, 2009 -- Sixteen QHR hospital clients received unexpected checks totaling nearly $4.4 million in February.

The payments - ranging from $65,000 to more than $750,000 - were paid to QHR hospital clients participating in a unique and innovative partnership between the hospital management company and Gallagher Healthcare Insurance Services. Under the QHR/Gallagher Retro Insurance Program, hospital groups that experience less than projected risk management expenses are eligible for a premium return of up to 50 percent. The checks issued to the QHR group this month reflect premium refunds for 2003 and 2004.

"Particularly in these challenging times, it's important that hospitals have the financial security and underwriting capacity to participate in a hospital professional liability/general liability insurance plan," said QHR President and CEO James L. Horrar. "This program with Gallagher not only provides access to such a plan, it also allows our hospital clients to benefit when our group meets its risk management goals, sharing in any potential underwriting profits."

QHR recently renewed its contract with Arthur J. Gallagher Risk Management Services, the fourth largest insurance brokerage and risk management services firm worldwide. The company, a QHR service provider since 2002, provides hospital professional liability insurance, comprehensive general liability insurance, excess/umbrella liability insurance and employee benefits services to QHR hospital clients.

QHR (Quorum Health Resources) has provided consulting, management and education resources to hospitals and health systems for three decades. QHR is the market leader in hospital management, with more than 150 current multi-year clients across the U.S. As a consulting resource, QHR is among the 15 largest healthcare management consulting firms in the U.S., and the QHR Learning Institute trains over 8,000 healthcare professionals each year. For more information, go to www.qhr.com.

###

Read the full story at http://www.prweb.com/releases/2009/02/prweb2101274.htm.


'/>"/>
Source: PRWeb
Copyright©2009 Vocus, Inc.
All rights reserved

Related medicine news :

1. Arthur J. Gallagher & Co. Acquires Life Insurance Strategies
2. Arthur J. Gallagher & Co. Acquires Healthcare Risk Solutions, LLC
3. Arthur J. Gallagher & Co. Acquires Taylor Benefits
4. CG Technology is Now Carlisle & Gallagher Consulting Group
5. Eisai and Bial Announce Partnership Agreement for the European Commercialisation of the Novel Once Daily Anti-Epileptic Zebinix(R)
6. Partnership for Prescription Assistance Prepared to Help Texas Workers Hurt by Recession
7. The Canadian Foundation for Global Health Announces a Research and Development Partnership with Medizone International, Inc.
8. Sodexo Partnership With The Beryl Companies Breaks Down Barriers to Better Customer Service in Healthcare
9. Press Ganey Unveils Physician Partnership Model
10. Partnership for Prevention: CDC Report Shows Compelling Need for FDA Regulation of Tobacco
11. Nucletron and Advanced Radiation Therapy (ART) Jointly Announce a Global, Strategic Partnership to Offer AccuBoost(R) for Image-Guided Breast Irradiation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... 13, 2017 , ... Apple Rehab Shelton Lakes , which specializes in ... the facility as part of a disaster drill on October 3rd. , Apple Rehab ... City Emergency Manager, as well as the Connecticut Long Term Care Mutual Aid ...
(Date:10/13/2017)... ... , ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out many ... event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting kids ... of all ages; it is a non-competitive, non-timed event, which is all about having ...
(Date:10/13/2017)... ... ... “The Journey: From the Mountains to the Mission Field”: the story of a ... “The Journey: From the Mountains to the Mission Field” is the creation of published ... all ages and currently teaches a class of ladies at her church, which she ...
(Date:10/12/2017)... ... October 12, 2017 , ... Planet Fitness, one of ... announced today its plans to open a flagship location in Covington, LA at 401 ... Rooms To Go store next to Office Depot in the Holiday Square shopping center. ...
(Date:10/12/2017)... ... , ... Asante, a nationally recognized health system in southern ... home health joint venture through an agreement, effective October 1, 2017, to create ... health company with Asante, delivering clinically integrated care, for the past eight years. ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)... -- AVACEN Medical , Inc. (AVACEN) announced that Frost ... Product Innovation Award for Its fibromyalgia pain management device. ... device market research by Frost & Sullivan,s industry experts. ... relief product, the AVACEN 100, offers a safe and effective ... ...
(Date:10/11/2017)... , Oct. 11, 2017  BioPharmX Corporation (NYSE MKT: ... that developed an innovative way to use nonlinear optical ... delivery of new drugs. ... Dermatology Conference will show how researchers from BioPharmX and ... Medical School used a suite of imaging techniques in ...
(Date:10/11/2017)...  Hill-Rom Holdings, Inc. ("Hill-Rom") (NYSE: HRC), today provided ... Piedras, Puerto Rico , where the ... Following a comprehensive onsite ... structural damage, temporary loss of power and minimal water ... manufacturing operations have resumed, and the company expects to ...
Breaking Medicine Technology: