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)... ... October 13, 2017 , ... Global Healthcare Management’s 4th Annual ... in Milford, NJ. This free event, sponsored by Global Healthcare Management’s CEO, Jon ... fun run is geared towards children of all ages; it is a non-competitive, non-timed ...
(Date:10/13/2017)... ... October 13, 2017 , ... “America On The Brink”: ... “America On The Brink” is the creation of published author, William Nowers. ... As a WWII veteran, he spent thirty years in the Navy. Following ...
(Date:10/12/2017)... , ... October 12, 2017 , ... IsoComforter, Inc. ( ... announced today the introduction of an innovative new design of the shoulder pad. ... you get maximum comfort while controlling your pain while using cold therapy. By utilizing ...
(Date:10/12/2017)... ... October 12, 2017 , ... HMP , a leader in ... 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ Winners were announced ... 2017. , The annual award competition recognizes editorial and design excellence across a range ...
(Date:10/12/2017)... ... 12, 2017 , ... In the United States, single-family home ... states—like New York, New Jersey, Massachusetts, Texas, Virginia, Connecticut, and California—the average is ... low property-tax rates, which contributes to the relatively lower cost of living in ...
Breaking Medicine News(10 mins):
(Date:9/19/2017)... , Sept. 19, 2017 HistoSonics, Inc., a venture-backed medical device company developing ... of targeted tissues, announced three leadership team developments today:   ... ... ... Veteran medical device executive Josh Stopek ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
(Date:9/12/2017)... , Sept. 12, 2017  Consumer reviews on the independent ... as the number one company for hearing aids, ranking it ... fifteen other brands. ... Hearing Named #1 by Consumers For Hearing Aids ... Embrace Hearing is an online store that provides high performance, ...
Breaking Medicine Technology: