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BETA Healthcare Group Maintains its "A" (Excellent) Rating from A.M. BestA.M. Best, the insurance industry's foremost credit rating agency, has affirmed BETA Healthcare Group's (BETA) financial strength rating of "A" (Excellent) with a stable outlook. This year's rating continues to reflect BETA's strong balance sheet, historically positive operating performance, proactive enterprise risk management program overseen by senior management with participation from the BETA Council, and sound business profile as a leading provider of medical professional liability insurance. A.M. Best noted several key aspects of BETA's structure and operations that contributed to its rating:
"BETA's ability to protect our members with superior insurance solutions and provide innovative services relies on a solid financial foundation and operational excellence," said Corey Grove, CEO of BETA Healthcare Group. "It's a testament to the diligent work of our team and reinforces our vision to positively impact the quality, safety and financial results of our member healthcare organizations. It's a promise we've made and one that we deliver on every day." BETA Healthcare Group BETA Healthcare Group (BETA) is a leading provider of hospital professional liability in California and provides coverage for more than 600 hospitals and healthcare facility locations. In addition, BETA provides workers' compensation coverage for over 70,000 healthcare workers in California. BETA also has a long-established and growing commitment to physicians, providing medical professional liability coverage to over 7,600 physicians and more than 50 medical groups. For more information, please visit www.betahg.com.
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