American Re HealthCare and DoctorQuality.com Form Alliance; Combined Effort to Combat the Human and Financial Costs of Medical Errors.Business Editors & Health/Medical/High Tech Writers PRINCETON, N.J. & PHILADELPHIA--(BUSINESS WIRE)--Sept. 7, 2000 American Re HealthCare, an industry leader in predicting, preventing and protecting against catastrophic healthcare risk, and DoctorQuality.com, a leading Internet-based healthcare quality and patient safety company, announced an alliance today. The focus of the collaboration will be to work with various re-insurance clients, employers, insurers, and health systems to develop and provide integrated solutions to both reduce costs and improve quality in healthcare by reducing medical errors. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Institute of Medicine's report published in November last year, To Err is Human "To Err is Human: Building a Safer Health System" is a groundbreaking report issued in 2000 by the U.S. Institute of Medicine which resulted in an increased awareness of U.S. medical errors. The push for patient safety that followed its release currently continues. : Building a Safer Health System, 44,000 to 98,000 people die each year from medical errors that occur in hospitals. The national cost of preventable errors that result in injury are between $17 billion and $29 billion, the report estimated. "American Re HealthCare's strategy has been to help our clients to predict, prevent and protect against catastrophic health events, which include the kinds of medical errors referred to in the IOM IOM See: Index and Option Market report," say Dr. James B. Couch, vice president of strategic development of American Re HealthCare. "This alliance addresses the critical intersection of cost and quality in healthcare and brings together organizations with incredible experience and expertise in the clinical and financial sectors of medicine," commented Robert W. Trainer, president, American Re HealthCare. "The alliance provides a natural forum to build upon each company's strengths in risk management and quality." David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . Shulkin, MD, chairperson and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DoctorQuality.com, notes that, "American Re is not only a recognized leader in their industry, but visionary in terms of anticipating and leading changes for an improved healthcare system. The two companies will be able to innovate and develop products and services to continue to reduce risk exposure for healthcare organizations." American Re HealthCare integrates risk transfer products with specialized services to help clients predict, prevent and protect against catastrophic medical events. With a team of medical and insurance professionals dedicated to building creative solutions to the diverse risks its clients face, American Re HealthCare combines the necessary resources, whether it's actuarial expertise, medical decision support, medical errors prevention systems, or due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. consulting, with the most secure reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. capacity. DoctorQuality.com provides a number of quality-focused products including a first of its kind Web-based Medical Error Tracking System, patient-oriented, online disease specific workbooks, quality ratings of healthcare providers and an external, evidence based medical review service. DoctorQuality.com Inc., the world's first Quality Benefits Management Company, provides Internet-based products and services to measure, select, purchase and improve the quality of healthcare. DoctorQuality.com has been featured as the cover story of Modern Healthcare magazine and has been mentioned in numerous other media, including the Wall Street Journal and the Industry Standard. http://www.doctorquality.com. American Re, a member of the Munich Re Munich Re AG, in German Münchener Rück AG (ISIN: DE0008430026), is the world's second largest reinsurance company with over 5,000 customers in 160 countries and has its headquarters in Munich, Germany. Group, is one of the leading writers of reinsurance in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Through its subsidiaries, it provides treaty and facultative facultative /fac·ul·ta·tive/ (fak´ul-ta?tiv) not obligatory; pertaining to the ability to adjust to particular circumstances or to assume a particular role. fac·ul·ta·tive adj. 1. reinsurance, insurance, and related services to insurance companies, other large businesses, government agencies, pools and other self-insurers, in the United States and abroad. The Munich Re Group, the leading reinsurance group in the world, serves insurers in more than 150 countries. http://www.amre.com. |
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