For over
30 years, Kevin F. Donoghue & Associates has
provided comprehensive risk management and insurance
consulting services to private and public sector
clients—including dozens of hospitals and
healthcare facilities. The following “cases”
outline some of the services we have delivered
to our clients.
Healthcare System
This hospital system includes 6 hospitals, nursing
homes, home health organizations, integrated physicians
groups as well as nursing homes. When first retained
by this hospital system, we completed an extensive
audit of the loss exposures of all members. We
recommended a joint purchase of insurance and
managed a comprehensive marketing effort, analyzed
proposals, and made recommendations for purchase
which saved the hospitals substantial sums and
provided them with better coverage. In addition,
we conducted a feasibility study for the development
of a captive insurance program for the hospital
system. Ultimately, we helped structure a self-insurance
trust arrangement which has saved the System millions
of premium dollars over a period of 15 years.
Home and Hospital for the Aged
Kevin F. Donoghue & Associates has served
this entity regarding its Property and Casualty
exposures. In our long relationship, we have conducted
feasibility studies, prepared bid specifications
and managed complete marketing efforts, analyzed
proposals and made recommendations for purchase.
In addition, we annually review all policies to
be sure that they are in compliance with the purchase
order. We have provided specific services regarding
Directors & Officers Liability, insurance
requirements for contractors and other service
providers, and claims and loss reviews. We helped
to design a self insured workers compensation
program and were able to maintain reasonable windstorm
coverage after Hurricane Andrew.
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