Risk Management

Maintaining a fair premium doesn’t have something to do with controlling risk, it has everything to do with it, which is why—along with a sound organizational structure—we are taking an aggressive stance as risk management leaders.

As part of our overall strategy to contain premium increases, we have implemented several programs designed to help reduce the number of claims our subscribers could face. They are:

Working with Hospitals

By coordinating risk management with the hospitals that serve the majority of our physicians, we are able to prevent claims more effectively. And, if there happens to be an unintended result, claims are handled more effectively through this collaboration. Because we work so closely with hospitals, our subscribers manage risk more effectively and their performance is better than average.

Free Continuing Medical Education

To comply with the conditions of membership, each NJHPIX subscriber is required to complete and pass a continuing medical education course, which will be worth between 6 and 8 credit, provided by the company each year. The course is provided at no additional charge to subscribers and the examination will be offered online and in hard copy format. The following courses are offered to each subscriber based upon his/her year of renewal - Medical Error Prevention Strategies, Medical Legal Issues in Risk Management and Effective Patient-Physician Communication.

Practice Audit

No matter what your claims experience, NJHPIX has experts available to review your practice patterns and make recommendations to reduce future risks. We believe in giving our doctors every option to keep their records clean and rest easier at night.