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| > Overview > Clients & Partners > News & Media |
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| FOR
IMMEDIATE RELEASE ELM
Exchange Announces New Client: Partners Interinsurance Exchange Rockville, MD – March 8, 2007- ELM Exchange, the leading provider of Internet-based risk management education for the healthcare industry, today announced their newest client, Partners Interinsurance Exchange. Partners Interinsurance Exchange is a captive insurance company covering more than 500 physicians practicing at Bristol Hospital in Bristol, St. Francis Hospital and Medical Center in Hartford, The Hospital of Central Connecticut in New Britain and Southington, and St. Mary’s Hospital in Waterbury. ELM provides a proactive way for healthcare organizations, including self-funded insurance entities, to reduce the frequency and severity of malpractice claims. This group of hospitals relies on ELM to educate their physician insureds to identify and mitigate risk in their clinical practice. “We were impressed by the convenience that this solution would bring to our captive,” said Mike Maglaras, an insurance consultant from Michael Maglaras and Company. “Our physician insureds, scattered throughout the state of Connecticut, will now have access to ELM’s online risk management courses from the convenience of their own homes. There is no longer a need to require everyone to travel to an on-site seminar.” ELM has become a very popular solution for Connecticut hospitals, health systems, and captives for two reasons. First, it offers healthcare providers with substantive risk management education they appreciate. (93.4% of participants in 2006 reported the courses were useful to their practice.) Second, it provides them with the risk management CME credits required to meet the new Connecticut licensure requirement, effective October 1, 2007. “Partners will be making ELM’s program mandatory for medical malpractice coverage for the next policy year,” said Maglaras. “While we know that this requirement takes a little more effort on the part of our physician insureds, we also know that ELM’s courses will help them meet the upcoming risk management continuing education requirements for the state of Connecticut. Plus, our physicians like the fact that ELM courses are a convenient way to receive additional CME.” About ELM Exchange For over 20 years, ELM Exchange has provided online, professional development programs for healthcare providers. The curriculum is focused on raising clinician awareness of risk, safety and quality issues within their clinical practice. Delivering over 70,000 courses in 2006 alone, ELM coursework is a proven, substantive offering that provides organizations with a method to proactively address critical issues and easily monitor and document those efforts.
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