Insurance for Acute Care Centers

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The fastest way to find the most suitable insurance coverage for acute care centers is to fill out our quick quote form, so we can give you an idea of the type of insurance coverage that best suits you.

Westwood Insurance works with a number of different carriers to ensure you have the most suitable insurance coverage at the best price.

why do acute care centers need insurance?

The high-paced environment, the critical nature of illnesses and injuries treated, and the complexity of care required contribute to the vulnerability of Acute Care Centers to malpractice claims. Here are some key areas where they are particularly vulnerable:

1. Diagnostic Errors: Given the urgent and often complex nature of conditions treated in acute care settings, there is a significant risk for diagnostic errors. Misdiagnosis, delayed diagnosis, or failure to diagnose can lead to incorrect treatment, worsening of the patient’s condition, or even death. These errors can stem from factors like overcrowding, time pressures, or insufficient information at the time of assessment.
2. Treatment Errors: Errors in the treatment process, including incorrect medication dosages, surgical errors, or the implementation of inappropriate treatment plans, are a major concern. Given the severity of conditions treated in acute care settings, such errors can have dire consequences for patient outcomes.
3. Infections and Complications: Hospital-acquired infections (HAIs) and complications arising from treatment pose significant risks in acute care settings. Despite stringent infection control protocols, the risk of patients developing infections, such as MRSA or sepsis, remains. Similarly, complications from surgeries or treatments can lead to further health issues for patients.
4. Failure to Monitor and Follow-up: Acute care often requires intensive monitoring of patients to detect any changes in their condition promptly. Failure to adequately monitor a patient or to arrange necessary follow-up care after discharge can result in deterioration of the patient’s condition and potential liability for the care center.
5. Communication Failures: Effective communication among healthcare providers, and between providers and patients, is crucial in acute care settings. Miscommunication can lead to medication errors, incorrect treatments, or delays in treatment, all of which can harm the patient and lead to malpractice claims.
6. Lack of Informed Consent: In the fast-paced environment of acute care, obtaining informed consent can be challenging, especially in emergency situations. However, failure to properly inform patients about the risks, benefits, and alternatives to proposed treatments can lead to legal action if patients suffer adverse outcomes.
7. Breach of Confidentiality: Protecting patient privacy and confidentiality is a legal and ethical requirement. Breaches, whether intentional or accidental, can result in legal action against the facility for violating patient privacy rights.

Malpractice or liability insurance provides financial protection against claims of negligence or malpractice, covering legal defense costs, settlements, and judgments. For Acute Care Centers, this insurance is not just a financial safeguard but also a necessary component of operational risk management. Westwood Insurance Group work with a range of insurance carriers to ensure you have the most suitable coverage at the best price. Get a Quick quote on your insurance today.