Report: 2016 Hospital and Physician Professional Liability Benchmark Analysis
Now in its 17th edition, the Aon/ASHRM Hospital and Physician Professional Liability Benchmark Analysis is a leading health care industry report that provides health care risk managers with a better understanding of their cost of risk compared to an industry benchmark. Through measurement, analysis, and comparison of the claim and exposure data, risk managers develop proactive strategies to reduce risk-related costs and ultimately improve outcomes.
This year’s analysis finds that nationwide, health care systems continue to experience a moderate decrease in the frequency of professional liability claims according to the Aon/ASHRM Hospital and Physician Professional Liability Benchmark report. The 2016 report was released by Aon Risk Solutions, in conjunction with the American Society for Healthcare Risk Management.
While professional liability claim frequency showed a decrease of one percent annually, new to this year’s study is a focus on the correlation between professional liability and workers’ compensation claims. Aon analyzed data from 34 health care systems participating in both the Aon/ASHRM Hospital Professional Liability study and the Aon Healthcare Workers Compensation Barometer.
Access the full press release
2016 Hospital and Physician Professional Liability Benchmark Analysis press release
Purchase a copy of the 2016 Hospital Professional Liability and Physician Liability Benchmark Analysis
To purchase a copy of the 2016 Hospital Professional Liability and Physician Liability Benchmark Analysis, visit the ASHRM book store
To view the Table of Contents of the 2016 report, access the Executive Summary (PDF).
About the 2016 Aon/ASHRM Hospital and Physician Professional Liability
Benchmark report
The database includes 107 U.S. health care systems, representing 29 percent of the total U.S. hospital industry. Data collected includes approximately 100,000 non-zero claims, representing more than $16.5 billion of incurred losses. The database contains historical claim information for 10 accident years (2006 to 2015). All ASHRM members were invited to participate in the study, which is designed as a hands-on tool to provide health care risk managers with a better understanding of their cost of risk compared to an industry benchmark. Through measurement, analysis and comparison of the claim and exposure data, risk managers can develop proactive strategies to help reduce risk-related costs and improve related outcomes.
Calculate Your Facility’s Loss Rate
Health care risk managers and health care professionals interested in calculating their facility's loss cost may access the Hospital Professional Liability Benchmark Calculator. This online rater calculates 2016 prospective loss rates based on exposures.*
Register to access the 2016 HPL Calculator
* All calculations are based on proprietary data and Aon makes no statement on the accuracy of the results and therefore assumes no liability.