How to get leadership buy-in for ERM September 13, 2019 By Origami Risk Before organizations can begin implementing an enterprise risk management (ERM) program, they must get buy-in from leadership. But in order for leadership to feel comfortable buying into a program, they must have sufficient evidence that it will make a difference for the organization’s overall goals. There’s a solution to this catch-22. By having the right … Continued
3 Ways a RMIS Can Enhance Fleet Management July 15, 2019 By Origami Risk Increased rates of accident severity. Rising claim costs. Insurance coverage that is either more expensive or harder to secure. As risk managers grapple with these and other fleet management challenges, measures such as a renewed focus on training and driver safety, an improved understanding of the cause of accidents that lead to claims, and the … Continued
How TPAs can tame the onboarding process June 10, 2019 By Origami Risk The onboarding process can be challenging for both TPAs and their clients. Migrating data from one claims management system to another is often a difficult, resource-draining part of that process. Wesley White’s article 10 Data Migration Best Practices For Any Organization summarizes the extent of the challenge: “Migrating data to a new information management system … Continued
Healthcare ERM Tools To Proactively Identify Organizational Wide Risk May 30, 2019 By Origami Risk In November 2018, Baylor St. Luke’s Medical Center in Houston made two medical errors, the second of which lead to the death of a 75-year-old patient. After an investigation by the Houston Chronicle and ProPublica, the Centers for Medicare and Medicaid Services issued a report in early 2019 that outlined a pattern of blood labeling … Continued
Facing the challenge of reputation management in higher education May 20, 2019 By Origami Risk The Operation Varsity Blues scandal has heightened reputation management concerns across the higher education community. Seeing how quickly any college or university can suffer reputational damage, and how lasting that damage can be, underscores how valuable an institution’s reputation is, and how critical it is to safeguard it. The book Reputation management: The key to … Continued
3 reasons to integrate healthcare claims management May 10, 2019 By Origami Risk As hospitals and healthcare organizations work toward better patient care, they can begin by taking a closer look at their internal processes and technology. A reliance on disparate systems that fail to share data efficiently puts organizations at risk of falling short of the demands of modern healthcare. The Agency for Healthcare Research & Quality … Continued
COI management for public entities May 6, 2019 By Origami Risk Managing certificates of insurance (COIs) has always been a challenge. With increasing pressure on the budgets of state and local governments, dedicating the resources required to effectively manage this process can mean sacrificing time spent on other core functions. Relying on color-coded spreadsheets and a manual review process often leads to unsustainable procedures that fail … Continued
3 solutions for reducing workers’ compensation fines and penalties April 23, 2019 By Origami Risk Greater efficiency in handling workers’ compensation claims can contribute to a reduction in claim costs and improved claim outcomes. These gains are quickly undone when errors result in penalties for the violation of state-specific workers’ compensation laws. According to the article Avoid Workers’ Comp Penalties and Other Pitfalls, two of the five most common errors … Continued
3 tools to strengthen and streamline your workers’ comp program March 25, 2019 By Origami Risk Workers’ compensation programs consist of a complex web of claims, numbers, analyses, and communications that require an inordinate amount of time and focus from claims adjusters and claimants alike. And with 2.8 million nonfatal workplace injuries and illnesses reported by private industry employers in 2017 alone, according to the U.S. Bureau of Labor Statistics, this … Continued
Healthcare risk management software: One size does not fit all March 19, 2019 By Origami Risk The healthcare industry has especially high stakes when it comes to risk management. The risks aren’t simply business- or reputation-related, though those are important. The most significant ones can be a matter of life or death. Patient safety is at the heart of every hospital’s risk management program and, because of this, a generic risk … Continued