Premier Insurance Management Services Announces New Captive Management Offerings to Help Organizations with Captives Control Costs, Reduce Risk and Improve Patient Safety

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Tue May 19, 2009 10:50am EDT

CHARLOTTE, N.C.--(Business Wire)--
Premier Insurance Management Services, Inc. (PIMS), a wholly owned subsidiary of
the Premier healthcare alliance, announced that it is offering new captive
insurance management, claim management and risk management consulting services.
These services will help Premier members manage the costs associated with
healthcare liability and litigation to improve the quality of clinical care,
reduce risk exposure, lower liability-related costs and operate alternative risk
financing facilities. 

Said PIMS President Robert Dowdy, "PIMS has been in the business of assisting
healthcare organizations and physicians to control risks and effectively manage
the soaring costs of healthcare liability and litigation for nearly 20 years.
Our enhanced services will help our members operate their alternative risk
financing facility more efficiently and effectively." 

PIMS full-service captive insurance management services include regulatory
compliance and governance services, financial accounting, underwriting, claims
management, claims reviews, risk management assessment and education.
Additionally, PIMS offers claim metrics benchmarking analysis, allowing for
participants to compare themselves against the historical results of other
systems. PIMS also offers all captive insurance management services as a third
party administrator on an unbundled basis. 

About Premier Insurance Management Services Inc. (PIMS)

Incorporated in 1987, PIMS is an Illinois for-profit corporation wholly owned by
Premier Inc. PIMS provides contracted management services for American Excess
Insurance Exchange, Risk Retention Group (AEIX), and is attorney-in-fact for
Premier Insurance Exchange, Risk Retention Group (PRx). PIMS also serves as
program manager offering enhanced sponsored programs with leading commercial
insurers through a comprehensive portfolio of property, casualty and employee
benefit products. Other services include providing claims and risk management
assessments and education offerings regarding medical professional liability for
hospitals and their physicians. For more information, visit
http://www.premierinc.com/risk/tools-services/pims/index.jsp. 

About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient

The Premier healthcare alliance is more than 2,100 U.S. hospitals and
58,000-plus other healthcare sites working together to improve healthcare
quality and affordability. Premier maintains the nation's most comprehensive
repository of clinical, financial and outcomes information and operates a
leading healthcare purchasing network. A world leader in helping deliver
measurable improvements in care, Premier works with the Centers for Medicare &
Medicaid Services and the United Kingdom's National Health Service North West to
improve hospital performance. Premier has offices in San Diego, Charlotte, N.C.,
Philadelphia and Washington. 





Premier Inc.
Alven Weil, 704-733-5797;
Alven_weil@premierinc.com

Copyright Business Wire 2009

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