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PHTS joins The Risk Authority Stanford
Following unanimous approval by both boards of directors, The Risk Authority Stanford (TRA Stanford) and PHT Services, Ltd have completed TRA Stanford’s acquisition of PHTS and the official launch of TRA Stanford Global Service Center in South Carolina. "We are very pleased to be able to share...[MORE]
Articles of Interest
Article 2564 Register now: 17th Annual Medical Staff Leadership Advance
Make plans to attend TRA GSC’s premier educational event for physicians, advanced practice providers, and risk managers, the annual Medical Staff Leadership Advance, now in its 17th year. The 2018 program will focus on the potential pitfalls of electronic medical records, issues ...[MORE]
Article 2563 Aon: Global medical costs expected to increase in 2018 as local rates of inflation rise
Global inflation rates are projected to rise around the world in 2018, and cost increases for employer-sponsored medical plans are likely to follow suit, according to a new report from Aon. Global average cost increases are projected to be 8.4% in 2018, nearly three times the projected rate of ...[MORE]
Article 2562 Outstanding Customer Service Initiative: UCHealth Patient Watch Program - A Case Study
By: Kenneth Bukowski, VP, Healthcare, Allied Universal Situation Allied Universal prides itself on the level of customer service it provides in the healthcare environment. One example is the UCHealth Patient Watch Program, designed to maintain the safety of the patient, hospital ...[MORE]
Article 2561 Bleak outlook from Moody’s
In a December 4 report, Moody’s revised the 2018 outlook for the not-for-profit healthcare sector from stable to negative based on the expectation that operating cash flow will contract by 2%-4% over the next 12-18 months. Operating cash flow declined more rapidly than expected in 2017, the ...[MORE]
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Palmetto Hospital Trust (PHT) provides workers' compensation to the not-for-profit healthcare industry. Through an agreement with PHTS, the Trust focuses on risk management and reducing the losses of its members.