The Risk Management Foundation of the Harvard Medical Institutions, Inc. Harvard Case Solution & Analysis

Through its distinctively proactive way of medical malpractice risk management, claims have been decreased by the Risk Management Foundation -and premiums-for the Harvard hospitals it covers. The RMF is the captive medico-legal insurer of affiliated doctors and the Harvard medical institutions. Over the last two decades, through a mix of active legal defense and medical error prevention, The RMF has successfully commanded the medicolegal costs of doctors practicing at the Harvard teaching hospitals; consequently, its insured physicians pay notably lower premiums than similar specialists outside the Harvard system.

The RMF's success has been due, in large part, to the close working relationships it has cultivated with hospitals and the insured doctors. However, as their networks expand into Boston's suburbs, new, less tightly affiliated doctors whose medico legal risk is higher than those practicing at the hospitals are coming under the umbrella of RMF. The approach to risk management and the challenges of The RMF is described by this case its supervisors face in accommodating these new physicians.The Risk Management Foundation of the Harvard Medical Institutions, Inc. Case Study Solution

PUBLICATION DATE: September 29, 2009 PRODUCT #: 610014-HCB-ENG

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