[January 09, 2018] |
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Constellation Announces Partnership with Owner-Insured Hospitals of Mountain States Healthcare RRRG, Beginning Jan. 1
Constellation, Inc., today announced that its UMIA insurance company has
partnered with the 17 owner-insured hospitals of Montana-based Mountain
States Healthcare Reciprocal Risk Retention Group (MSHRRRG). Under the
partnership which began Jan. 1, 2018, UMIA Insurance, Inc., will provide
medical professional liability insurance to the hospitals and their more
than 1,500 employed physicians.
"The members of Mountain States Healthcare, like many RRGs today, are
seeking profitable growth in the midst of an ever more challenging
environment," said John Kren, President and Chairman of the Subscribers'
Advisory Committee. "As we explored many options, we found Constellation
to be an excellent fit, aligned with the member hospitals' priorities
and needs. Constellation's UMIA is experienced in managing both hospital
and physician risk programs. It operates across our geographies and
offers types of coverages similar to those we offer. And it strives to
provide cost-effective premiums. We look forward to a positive and
long-term relationship with UMIA and Constellation."
"We are delighted to begin a relationship with this group of hospitals
and health systems," said Angie Griffith, Constellation Vice President,
Customer Acquisition. "A growing number of RRGs face new pressures as
the health care market continues to change. To addres their concerns,
we're tailoring our comprehensive medical professional liability and
other coverages to help RRGs more effectively manage member risk at a
cost-effective price.
"In addition, we're developing solutions that go beyond insurance to
enable group insurance programs such as RRGs to provide added value to
their members," said Griffith. "This partnership will be a model for
future relationships with other RRGs aimed at achieving the best results
for all parties: the RRGs, their member organizations and Constellation."
Under the contract with MSHRRRG, UMIA will provide comprehensive
liability management programs along with access to a growing portfolio
of innovative solutions for risk management, loss control and hands-on
claims oversight, all designed to support the 17 hospitals in achieving
their broad financial and strategic goals. One such solution is the
Physician Empowerment Suite, which features online survey tools that
help health care organizations evaluate baseline performance in real
time, identify areas of liability risk and uncover opportunities to
improve performance.
About Constellation and UMIA
Minneapolis-based Constellation is a collective of like-hearted medical
liability insurers and health service partners dedicated to improving
the delivery of health care and providing effective business solutions.
UMIA is the leading medical professional liability organization in the
Mountain States. It holds an "A" (Excellent) Financial Strength Rating
from A.M. Best.
For more information, visit: www.ConstellationMutual.com.
About Mountain States Healthcare RRRG
Montana-based Mountain States Healthcare RRRG is an insurance company
that has provided liability coverages to 17 member hospitals and more
than 1,500 physicians. MSHRRRG's member hospitals serve urban and rural
communities in Montana, Wyoming, Idaho, Washington, Oregon, Nebraska,
Colorado and New Mexico.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180109006848/en/
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