“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
Along with my day job as President and CEO of Inspirien, I serve as the Chairperson for The Hospital Insurance Forum (HIF), which is a non-profit association made up of volunteers from our member companies who are passionate about our mission to provide members with a forum for education, idea sharing, and networking to reduce … Read More
Our mission at Inspirien is to ‘be a remarkable partner for whatever risk lies ahead’ – but we never imagined a time like this. We’re all working remote, and although things have changed, we’re still just a phone call away from our hospitals. Yes, our lives for now have changed, but we, like many people … Read More
Culture can be hard to pin down. It is dynamic and evolving, which are precisely the forces that also make it so powerful. Culture informs how people behave as individuals and in teams. When risk management plays a central role to your operations and success, as is the case in the medical field, creating a … Read More
Hospitals are bustling places where lives begin, end, and are saved. It takes many people in many dynamic roles to deliver care at the highest level. Care delivery is not without its risks but there are ways in which that risk can be mitigated, creating a safer environment for everybody. In a 2018 pilot study … Read More
Risk has quite an ominous reputation. According to Merriam Webster, risk is defined as the “possibility of loss or injury” or “something that creates or suggests a hazard.” Synonyms include “peril,” “hazard,” “gamble.” However, when it comes to Medical Malpractice and Workers Comp insurance, risk doesn’t have to be a dirty word. Its’ association has typically … Read More
The world has been thrown a COVID-19 curveball and the healthcare system has been struggling to keep up. New modalities for care delivery are popping up everywhere and despite their ingenuity, must also continue to be effective, efficient, and safe, while being implemented at scale. Such new territory exposes major risks, including patient safety, public … Read More
Knowing it is imperative that you document the conditions under which you are working due to COVID-19, our Inspirien team has developed a COVID-19 Documentation Toolkit to provide guidance for you to memorialize the initiatives, actions and responses crucial to this unprecedented time. This guidance is provided for you to proactively prepare for the days … 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