When you think about healthcare risk, what comes to mind; a mistake, an accident, patient harm or even death? We want to challenge the way you think about risk and shift the focus from harm to ‘prevention’. Even though we know challenging situations may occur, building an effective risk strategy for your organization is perhaps … Read More
Thank you for your continued efforts to keep Alabama healthy in the midst of the ongoing pandemic. We appreciate the heroic efforts made by our Fund Members and their employees. The Healthcare Workers’ Compensation Fund (HWCF) remains committed to promptly processing claims, providing timely benefits and quickly responding to your inquiries. We consider it a … Read More
Have you identified a risk in your facility that places staff in jeopardy of injury? Would it be helpful to have funding to mitigate that risk? If the answer is YES, then consider applying for the Healthcare Workers’ Compensation Fund (HWCF) annual Grant Program. HWCF is launching its fourth year and has awarded over $121K … Read More
The Inspirien Team has been working collaboratively with the Alabama Hospital Association and other associations, along with expert legal counsel to protect the long term interest of our insureds, as well as all Alabama hospitals and healthcare facilities. Unfortunately, there are those that could be looking to capitalize on this crisis in terms of filing … Read More
This has been a strange and challenging year for all. So, we thought you might be interested in hearing about the ways Inspirien is continuing to overcome, even during this most unusual time. In the spirit of “Auld Lang Syne”, we want to share the highlights that topped our 2020 chart. 10. Culture – Continued … Read More
According to Black Book Research, data-rich patient files, lack of cybersecurity protocols, and outdated IT systems have influenced increased cyber threats against organizations in the healthcare and public health sectors. Black Book Market Research LLC surveyed 2,464 security professionals from 705 provider organizations for deficiencies, vulnerabilities, and gaps in cybersecurity plans for its November State … Read More
Inspirien, in partnership with the Alabama Hospital Association, recently hosted an online leadership seminar, and the timing could not have been any better. No doubt, this has been a year filled with many unexpected challenges. People are looking for leaders now more than ever. While some of the lessons learned from this session were things … Read More
The Healthcare Workers’ Compensation Self Insurance Fund (HWCF) Board of Trustees has approved a $2,000,000 Dividend this year. This Dividend will be distributed as a credit toward eligible Members’ 2021 contributions owed! Membership has its perks, and this is just one of them! If you would like to learn more about the benefits of being an HWCF … Read More
“There is a general misconception as to what risk is and what it isn’t. People think it’s a bad thing, but it’s really just the difference in the actual outcome from the expected outcome, either positive or negative.” Brandon Driscoll, Chief Business Officer at Inspirien, takes a very practical standpoint on risk. The question then … Read More
To be a savvy navigator of a risk financing program, there are two equal-and-opposite levers to understand: managing and financing risk. The goal is to always keep these two levers in balance, pushing or pulling to achieve optimal conditions. They are typically managed by a team of clinical staff and C-suite executives who act in … Read More