CHICAGO--(BUSINESS WIRE)--
CNA HealthPro, a leader in the healthcare professional liability
insurance industry, recently collaborated with Healthcare Providers
Service Organization (HPSO) to publish a report focused on the risks
encountered by physical therapists. Entitled, Physical Therapy
Liability, 2001-2010, the report is divided into three parts: CNA’s
analysis of physical therapy (PT) professional liability closed claims;
HPSO’s analysis of PT license protection paid claims; and highlights
from HPSO’s 2011 Qualitative Physical Therapist Work Profile Survey.
“We firmly believe that knowledge is the key to enhancing patient safety
and managing risk,” said Bruce Dmytrow, vice president - Specialty Risk
Control, CNA. “By offering data analysis, risk control recommendations
and a self-assessment checklist, we hope to encourage our insureds to
examine their own clinical practices and policies, discern areas of
possible improvement, and maximize patient safety while minimizing risk.”
Through its collaboration with HPSO, CNA HealthPro currently insures
approximately 70,000 physical therapy professionals nationwide. Part One
of the report includes CNA’s analysis of approximately 4,000
professional liability claims attributed to CNA-insured physical
therapists in the HPSO program that closed from January 2001 through
December 2010. Findings include:
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The average paid indemnity for physical therapy claims grew
approximately 4.5% annually over the study period.
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The average cost to defend a physical therapy claim is approximately
$25,000.
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The most common category of claim allegation is “Improper Performance
Using Therapeutic Exercise” which includes “improper technique” and
“injury during resistance exercise or stretching.”
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When patients are “re-injured” during physical therapy, the average
paid indemnity is nearly twice the amount of other physical therapy
claims.
The comprehensive report – Physical Therapy Liability, 2001-2010
– is available online at www.cna.com/riskcontrol
and www.hpso.com/PTclaimreport2011.
Printed copies may be requested by calling 888-600-4776.
A proven leader in providing comprehensive insurance coverages to the
healthcare industry, CNA HealthPro offers a full range of insurance
products for healthcare providers and organizations. For more
information, please contact CNA HealthPro at 888-600-4776 or visit www.cna.com/healthpro/.
Serving businesses and professionals since 1897, CNA is the country’s
seventh largest commercial insurance writer and the 13th
largest property and casualty company. CNA’s insurance products include
standard commercial lines, specialty lines, surety, marine and other
property and casualty coverages. CNA's services include risk management,
information services, underwriting, risk control and claims
administration. For more information, please visit CNA at www.cna.com.
CNA is a registered trademark of CNA Financial Corporation.
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CNA
Katrina Parker, 312-822-5167
Source: CNA