SOURCE: CRICO Strategies

CRICO Strategies

June 27, 2011 09:00 ET

CRICO Strategies' Clinical Coding Solution Delivers Actionable Intelligence to Drive Targeted Change

Proprietary Medical Malpractice Coding Facilitates Ability to Identify Hidden Vulnerabilities and Improve Patient Safety

CAMBRIDGE, MA--(Marketwire - Jun 27, 2011) - CRICO Strategies today announced the release of new enhancements to its Clinical Coding solution, extending its code set to capture key factors on emerging risks and more depth on significant risk areas such as missed and delayed diagnosis. The new application, embedded in CRICO's claims management system (CMAPS) also introduces sophisticated work flow capabilities to streamline the coding of clinical drivers within medical malpractice claims.

Strategies applies this proprietary coding taxonomy to 4,000-5,000 malpractice cases/year across its national community of healthcare organizations, as well as the CRICO-insured Harvard Medical affiliates. All coded cases are included in the company's Comparative Benchmarking System (CBS), the world's largest medical malpractice database. Information from the CBS is then analyzed by Strategies, providing healthcare organizations with actionable intelligence on their unique areas of malpractice vulnerability to mitigate risk and enhance patient safety.

"Stanford has years of experience in applying Strategies' clinical coding taxonomy to claims and lawsuits," says Jeffrey Driver, Executive Vice President and Chief Risk Officer, Stanford University Medical Indemnity Trust. "This relationship has led to a meaningful understanding of the fundamental reasons behind our loss experiences, which has, in turn, advanced a keenly informed risk management strategy for the Stanford hospitals."

The streamlined coding workflow, a core business component of Strategies' system, provides users with automated update triggers; an essential enhancement given the multi-year life of a malpractice case. New fields in the taxonomy allow for the capture of team-based and human factor codes, as well as co-morbidities, devices, and medications, and in support of the growing concern for diagnostic failures, the presence (or absence) of expected diagnostic tests.

To learn more about the power of CBS and the value healthcare organizations can derive by applying Strategies' Clinical Coding to medical malpractice claims, contact Dana Siegal, RN, CPHRM, Director of Patient Safety for Strategies: dsiegal@rmf.harvard.edu or 617.679.1354.

About CRICO Strategies:
CRICO Strategies is a division of CRICO that provides evidence-based risk management software solutions and services to an international membership of health care systems, hospitals, and insurers representing 400 hospitals, and 40,000 physicians. Strategies offers proven methodologies and data driven insights that reveal hidden areas of risk and deliver actionable intelligence to drive fundamental change that transforms the safety of patient care. By promoting an informed dialogue among a community of peers, Strategies is an industry leader in patient safety. CRICO is the patient safety and medical malpractice insurance company owned by and serving the Harvard medical community since 1976. For more information, visit www.rmfstrategies.com.

Contact Information

  • CONTACTS:
    Dana Bissett Siegal RN CPHRM
    CRICO Strategies
    617-679-1354

    Laura Feng
    Tier One Partners
    978-975-1414