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| FOR
IMMEDIATE RELEASE Hospital
of Saint Raphael Selects ELM Exchange to Educate Physicians about
Medical Liability Rockville, MD – March 8, 2007- ELM Exchange, the leading provider of Internet-based risk management education for the healthcare industry, today announced that Hospital of Saint Raphael in New Haven, Connecticut, has selected ELM to provide the hospital's physician staff with online risk management education. Hospital of Saint Raphael is a 511-bed academic health science center affiliated with Yale University School of Medicine. The Hospital was founded in 1907 by the Sisters of Charity of Saint Elizabeth, who continue as its sponsors. Almost 100 years since its founding, the hospital has evolved into the Saint Raphael Healthcare System. ELM works with Saint Raphael’s captive insurance company, Lukan Indemnity Company, Ltd., to educate physicians on risk management issues. The Hospital of Saint Raphael selected ELM because its online programs provide a proactive way for healthcare organizations, including self-funded insurance entities, to reduce the frequency and severity of malpractice claims. Lukan recognizes a critical opportunity to help physicians address risk in their own practice. In doing so they have established a program to incentivize their insureds to learn responsibility. ELM’s program is offered as a convenient online alternative to Lukan’s elective risk management education requirement for physicians. Lukan’s physician insureds now have the option of meeting their risk management education requirement - necessary to be covered for the next policy year – using ELM. “This is a meaningful alternative for our physicians,” said Janeanne Lubin-Szafranski, Vice President and General Counsel for the Hospital of Saint Raphael. “In the past, we’ve required that physicians attend two onsite seminars. Now, with ELM’s online courses, they can meet half of their risk management requirements whenever and from wherever they’d like. The ELM Program also allows risk management staff to track and verify participation through ELM’s online reporting tool.” ELM also offers Hospital of Saint Raphael physicians a way to meet the new Connecticut state CME risk management requirement, which will go into effect on October 1, 2007. The new regulation requires that all Connecticut physicians applying for medical license renewal fulfill at least one hour of risk management education among other educational requirements. “Physicians have increasing numbers of requirements and ELM has focused on developing courses and content that will help in a number of areas.” Said ELM founder Sal Fiscina M.D., J.D. “We want to provide a straightforward online environment to make participation easy and we want to recognize where content can address multiple disciplines and requirements.” 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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