AM Best Rates Curi Insurance Financial Strength“A” Excellent
October 4, 2022
by
matray
The physician and medical practice advisory firm Curi announced that the rating agency AM Best 
has affirmed the "A" (Excellent) rating for its insurance businesses for the 19th consecutive year, along with providing a long-term issuer credit rating of "a+" (Excellent). Curi Insurance provides medical professional liability insurance and alternative risk solutions for physicians and their practices. The A.M. Best outlook for these credit ratings is stable.
"Nineteen consecutive years of 'A' ratings from A.M. Best are a testament to our consistent financial performance and strong foundation," said Brad Diericx, Curi Insurance’s chief executive officer. "We're incredibly proud of these ratings and remain as committed as ever to the disciplined approach and strategies that have helped us earn this recognition, and importantly, allow us to continue meeting the ever-changing needs of our member-owners."
"We're honored to once again be recognized by A.M. Best for our strength, discipline, and innovation—particularly in light of the challenges that our industry and our customers are facing right now," said Jason Sandner, Curi's chief executive officer. "These ratings are an important reflection of the diligent work of our team and always have us looking toward the future, as we identify new opportunities to grow and strengthen our business to best support the members we serve."
For more information on A.M. Best's 2022 rating of Curi, click here. For more information on Curi's recent financial performance, see the company's Annual Reports at https://curi.com/annual-reports.
LAMMICO Honors Bienville Surgery Center with 7th Annual Patient Safety Award, Grant
October 4, 2022
by
matray
Bienville Surgery Center in Vancleave, Miss., received the LAMMICO 2021-2022 Patient Safety 
Award and Grant. This year, the honor focused on mitigating the effects of devastating events such as hurricanes, pandemics, terrorist attacks or situations in which practitioners may make medical errors. If a healthcare provider already has burnout, the combination of the ongoing burnout symptoms and the trauma from the new devastating event may produce even greater physical and emotional reactions and impact patient safety.
By demonstrating the best support mechanisms for staff along with the impact of the interventions on staff and patient safety after completing LAMMICO's risk management and patient safety education, Bienville Surgery Center was awarded a:
- $10,000 grant to be used for nursing professional development
- One-year Risk Manager membership to the American Society for Healthcare Risk Management (ASHRM)
- One-year complimentary membership to Medical Interactive Community for all employees to access our risk management CME/CNE/MOC courses online
After completing LAMMICO’s educational activity, “Devastating Events: Moving from Trauma to Tranquility,” Bienville Surgery Center’s leadership team discussed how to build relationships to improve staff safety and satisfaction as a way to also impact patient safety and satisfaction. A “Donuts and Dialogue” peer support group was formed to foster human connections and create an environment of trust and camaraderie among employees. The leadership team also revamped leadership rounding with enhanced rounds having a leadership presence in all areas of the center. This enhanced rounding boosted morale and assisted staff. It increased patient safety as staff is more likely to ask questions of administrators and clinical leaders on the floor, and thus potentially decrease errors.
Another method employed by Bienville Surgery Center was to develop a book club. Led by staff, the “Unofficial Book Club” provides an avenue to decompress and focus on self-healing and stress relief. In addition, a paid time off accrual increase for staff was implemented with a new rollover limit set to encourage employees to use their vacation time throughout the year to avoid burnout.
Bienville Surgery Center’s grant application noted, “COVID-19 has changed the world as we once knew it and many healthcare workers are attempting to pour from an empty cup. At Bienville Surgery Center, we feel confident that the support mechanisms we have integrated into our everyday operations are helping fill the cups of our employees.”
