SALT LAKE CITY, Aug. 23, 2016 /PRNewswire/ -- MGIS Underwriting Managers, Inc. (MGIS), a leading provider of insurance products and services designed specifically for physicians, in partnership with OmniSure Consulting Group, Inc., today announced the introduction of PhysicianProtect | BARIATRIC,™ a malpractice risk mitigation solution specifically for bariatric surgeons.
With the continued growth of obesity rates in the U.S. – now estimated at more than 34 percent of adults1 – the bariatric surgery specialty is forecast to grow at a 10 percent annual rate over the next seven years.2 To better protect this unique, high growth specialty from malpractice risk, MGIS and OmniSure developed the PhysicianProtect | BARIATRIC solution incorporating experience, expertise and coverage features specifically tailored to this unique specialty.
"In addition to solid insurance coverage designed for their specialty, Bariatric surgeons need risk mitigation and patient management strategies proven to be effective for their unique niche in medicine," says Jeff Brunken, President of MGIS. "The PhysicianProtect | BARIATRIC solution brings together proven components that specifically address these needs and lower risk, cost, and administrative headaches for these surgeons and their practices. This is a unique combination built for bariatric medicine professional liability risk exposures."
OmniSure Consulting's deep clinical expertise provides specialty-specific tools to identify opportunities and strategies unique to the bariatric surgery specialty in order to support bariatric surgeons in mitigating their liability exposure. For example, the fact that many patients are self- pay, and the risk for late term significant complications means bariatric procedure-specific patient compliance and engagement strategies are critical to a program's favorable clinical outcomes.
"Our deep involvement in bariatrics allows us to develop risk management and mitigation strategies for specific devices and procedures, both current and emerging," said Amanda Budak, Vice President of Clinical Operations for OmniSure Consulting. "Many of our bariatric surgery clients have had success with tools such as procedure-specific informed consent and patient selection criteria tailored to their practice."
MGIS' medical-professional liability insurance policies are backed by Nationwide™, rated A+ (Superior) by A.M. Best.
For information, contact Forrest Pullen at MGIS – email@example.com or 800-969-6447 x128.
The MGIS Companies, Inc. is a leading national insurance program manager with deep experience in building and managing specialized programs for medical professionals. We partner exclusively with highly rated carriers and focus on group disability and life, and medical-professional liability insurance for medical groups of all sizes and specialties, including emerging group structures with unique insurance requirements. MGIS works exclusively through local brokers and benefit advisers. The MGIS group disability policies are underwritten by Sun Life Assurance Company of Canada (Wellesley Hills, MA), and in New York, by Sun Life and Health Insurance Company (U.S.) (Lansing, MI) (collectively "Sun Life"). Both companies are highly rated for financial strength. The MGIS medical-professional liability insurance policies are backed by Nationwide™, rated A+ (Superior) by A.M. Best. For more information visit our website http://www.mgis.com.
OmniSure is a nationally-sourced risk consulting firm with its home office in Austin, Texas, OmniSure is the highly-specialized risk management partner that industry leaders depend on for exceptional risk management solutions, loss control service and support. Our diverse network of industry experts, each with many years of experience and deep industry knowledge in their respective fields, works together as a team to solve problems, create solutions, and apply their collective wisdom to your most challenging needs. Visit us at www.omnisure.com.
1 Obesity Rates and Trends Overview, The State of Obesity website, July 2016, Trust for America's Health and Robert Wood Johnson Foundation.
2 Bariatric Surgery Market Analysis by Procedures, Grand View Research, November 2015.
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SOURCE The MGIS Companies, Inc.