CAPAssurance Medical Liability Protection Now Available to Hospitals, Medical Facilities, and Large Physician Groups in Arizona, Washington, Oregon, and Nevada

Supporting Health Care Providers with Best-in-Class Protection and Risk Management Services

News provided by

Cooperative of American Physicians, Inc.

Sep 04, 2014, 10:45 ET

LOS ANGELES, Sept. 4, 2014 /PRNewswire/ -- CAPAssurance, the risk purchasing group program offered by the Cooperative of American Physicians (CAP), is now available to hospitals, medical facilities, and large physician groups in Arizona, Washington, Oregon, and Nevada. CAPAssurance was designed to meet the unique liability protection needs of health care facilities and was initially introduced to California-based organizations in March 2013.

"CAPAssurance has seen tremendous success in California over the last 17 months, and we responded to market demand by expanding our offering," said Cindy Belcher, CAP's chief operating officer. "Health care facilities and large physician groups need products, tools and consultative services to manage change and protect their organizations and patients in this new health care environment. The CAPAssurance program was designed not only to provide superior protection, but to reduce risk and improve patient safety."

CAPAssurance provides access to proactive liability and risk management services, including CAP's expert Risk Management & Patient Safety team, which assists hospitals, medical groups, and other health care facilities with the design of customized educational programs and assessments targeted at high risk processes to help foster a culture of safety and decrease risk within the organization.

"We bring a consultative, partner-like approach to helping increase the effectiveness of in-house risk management activities," says Ms. Belcher. "The ultimate mission of the CAPAssurance program is to offer financially stable and customizable liability protection, while helping transform health care providers and facilities into highly reliable organizations where safety is top-of-mind for all staff and physicians."

For more information about CAPAssurance and to learn about its valuable risk management programs including Culture of Safety, Proactive Risk Assessment, and Responding to Adverse Events for health care facilities, visit www.capassuranceprotects.com.

About CAPAssurance

CAPAssurance, A Risk Purchasing Group, was created by the Cooperative of American Physicians, Inc. (CAP), to offer hospitals, large medical groups, and other health care facilities flexible and secure risk financing options backed by one of the nation's most financially solid professional liability insurers – one that boasts over $5 billion in assets and an A+ (Superior) rating by A.M. Best. The CAPAssurance program provides participants with CAP's proven claims defense and risk management services to help improve outcomes, increase patient safety and satisfaction, reduce liability risk, and effectively manage costs in this new world of health care. CAP is licensed as a property and casualty broker-agent and surplus line broker (California license no OB72723). Insurance purchased by CAPAssurance is from a non-admitted or surplus line insurer that not licensed by the state of California. For more information, visit www.capassuranceprotects.com.

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SOURCE Cooperative of American Physicians, Inc.