Utilizing claims analytics to translate medical liability risks into actionable intelligence can empower you to build positive change in your organization. With Coverys Business Analytics, you can do just that. Our claims analytics services provide identification of exposures by comparing your organization’s claims history against a proprietary benchmarking database that contains the deeply rooted causation drivers of nearly 20,000 medical professional liability claims.
You’ll then be provided with proactive intervention strategies, education, and resources to help reduce the risk of claims ̶ while improving patient safety and satisfaction. Utilizing the Coverys proprietary Value-Based Model, our four-step process identifies “signal intelligence” which are analytic-based markers that help identify potential risks before they happen.
By implementing this data-driven approach, Coverys can help you:
Utilizing data combined with sophisticated analytics to expose the deeply rooted drivers of medical liability risks is a true differentiator in improving outcomes. As a Coverys medical liability policyholder, you'll receive relevant and actionable data insights to identify your organization’s unique risk factors.
Access the interactive Risk Analytics Dashboard to view medical liability claims trends by specialty, with associated economic impact.
Or access the library of claims analytics fact sheets. Download nine different fact sheets to explore the most common areas of liability risks by medical specialty.
Red Signal Report SM series:
These concise reports use claims data analytics and risk assessments to demonstrate how important risk management focus areas overlap with patient safety metrics (e.g., MACRA and MIPS). They also provide risk recommendations that align with quality measures. Recent Red Signal Reports:
A Dose of Insight ® white papers:
White papers provide insight into the root causes of claims in a specific specialty or area based on an in-depth analysis of claims data. They identify critical signal events and provide recommendations to reduce risk in identified areas. Recent white papers in the series:
At Coverys, our goal is to reduce distractions and help you succeed.