CHART is 100% owned by its member hospitals, allowing us to provide numerous unique benefits and programs:
- - Due to the member/owner structure of an RRG, CHART members share all profits; there are no outside shareholders.
- - CHART carefully selects members to ensure long-term committment and stability.
- - Complete financial transparency allows members to understand what they own and who is insuring them.
- - Financial flexibility allows CHART to avoid market swings, offering more conistent pricing and stable coverage.
- - Premiums are established at or below market levels.
- - $20 million of excess limits are available.
- - Member hospitals partner with CHART Insititute to enhance patient safety.
- - CHART members receive free Simulation Training including a human patient simulator, software, and education modules.
- - Each CHART member has the option to participate in an AHRQ-certfied Patient Safety Organization.
- - CHART provides on-site risk assessment and support.
- - CHART offers state-of-the-art tools including a risk information system from rL Solutions.
- - We have a dedicated and experienced staff of patient safety, underwriting and claims specialists.
- - CHART offers its Sentinel Event Response program to reduce the impact of serious events and identify its cause.
- - CHART also offers its Information Security and Breach Response coverage to all hospital members by Lloyd's of London.
- - CHART Institute is an approved provider of continuing nursing education by the PA State Nurses Association, an accredited approver by the American Nurses Credentialing Center's Commission on Accreditation. Contact hours awarded are reciprocal in West Virginia and New York.
ยท Governance by members, not giant insurance companies
