CNA HealthPro Launches Praeventus, New Risk Management Business Unit.CHICAGO--(BW HealthWire)--Jan. 14, 1998--CNA HealthPro today announced the creation of a new fee-for-service business unit, Praeventus(SM), dedicated to meeting the risk management needs of the healthcare industry. Praeventus provides an integrated approach to risk management, addressing each of the three crucial healthcare risk management areas: business, clinical and operational. The Chicago-based unit provides comprehensive consulting expertise from a team of professionals who have diverse backgrounds in healthcare, risk management and insurance consulting. This new business unit of CNA (Certified NetWare Administrator) See Novell certification. HealthPro is headed by Bruce Dmytrow, senior vice president. The decision to create Praeventus, a new, separate risk management business unit, is driven by CNA HealthPro's continuing belief that the risk management profession is a core factor of CNA HealthPro, along with claims, production and underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. . CNA HealthPro insureds will continue to receive bundled risk management services through the Praeventus business unit. "Praeventus provides comprehensive risk management services through its consulting team. The wealth of experience our consultants bring to our clients is unmatched in the industry," said Dmytrow. "We build our business from the relationships that our consultants have with our customers. Our customers choose us because of the people that make up Praeventus." Intensified in·ten·si·fy v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies v.tr. 1. To make intense or more intense: competition, evolving managed care and increasingly complex business structures have all resulted in liabilities from unexpected sources. Healthcare organizations need to have risk management plans that will address all potential risks. Building on the extensive experience of CNA HealthPro and the recently acquired Caronia Corporation, Praeventus looks at real data and situations and develops extensive risk management programs. These programs address the current and emerging risks the healthcare industry faces today. Praeventus focuses on providing clients with a high level of consulting expertise in three central risk management areas: analysis, consultation and education. A world-class database provides Praeventus with tools to analyze emerging sources of liability and build a foundation of real-world information. Information and expertise is continually being expanded upon and provided to clients through a variety of channels, including on-site presentations, Internet access See how to access the Internet. , satellite video broadcasts, teleconferences, periodicals and bulletins and regional multi-disciplinary seminars and forums. Risk management services from Praeventus are available to individual practitioners or healthcare organizations, including medical and allied professional practices, nursing and behavioral health Behavioral health was first used in the 1980's to name the combination of the fields mental health and substance abuse. As an example, an organization serving both mental health and substance abuse clients might refer to its practice as behavioral health or services, specialty clinics and laboratories and researching and manufacturing facilities. Satellite offices for Praeventus are located throughout the country. Additional information can be obtained by calling Susan Klein at 312-822-3713. CNA HealthPro is committed to continuously improving the total value proposition for its insureds. CNA HealthPro, through CNA underwriting companies, provides the healthcare industry and healthcare practitioner with professional and general liability insurance, umbrella insurance refers to insuring more than one property as opposed to insuring only one. For example the owner might get a discount for insuring both his house and car rather than insuring them with separate policies because it might cost more. , property and workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. insurance, as well as errors and omission and directors and officers liability insurance Directors and Officers Liability Insurance is insurance payable to the directors and officers of a company to cover damages or defence costs in the event they are sued for wrongful acts while they were with that company. . CNA HealthPro helps provide solutions for the self-insured healthcare client, through our TPA (Transient Program Area) See transient area. TPA - Transient Program Area medical malpractice Improper, unskilled, or negligent treatment of a patient by a physician, dentist, nurse, pharmacist, or other health care professional. claims management, Caronia Corporation, and risk management through Praeventus. CNA is one of the world's premier insurance organizations, ranking among the top 10 U.S. insurance groups. Since 1897, CNA has built on a foundation of financial strength, stability and commitment to its customer and business partners. CNA is the registered service mark and trade name of CNA Financial CNA Financial Corporation (NYSE: CNA) is a financial corporation based in Chicago, Illinois, United States, and noted for its 600 foot tall red headquarters building there. Its principal subsidiary, Continental Casualty Company (CCC) was founded in 1897. Corporation. CONTACT: CNA Lisa Tabor, 281/403-0281 TaborCom@aol.com |
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