Monday, April 30, 2018

High Rate of Diagnostic Error Prompts Research Funding

Failure to promptly and accurately diagnose a patient's condition is a significant problem. Experts agree that the number of missed, wrong, and delayed diagnoses is significantly higher than what the claims data shows. The recently published Coverys'Dose of Insight report names diagnosis-related events the single largest root cause of medical professional liability claims.

Coverys, through the Coverys Community Healthcare Foundation, Inc. ("Foundation"), is taking steps to address this challenge. With its recently released Request for Proposals: Improving Diagnostic Accuracy, the Foundation is reaching out to healthcare stakeholders offering to support focused research and projects that demonstrate the role and effectiveness that new approaches, new models and innovative thinking can have on consistently making accurate, prompt and complete diagnoses.

"When opportunities are identified that can lead to better patient outcomes, it is a call to action," said Donna M. Norris, MD., Coverys board member and chair of the Coverys Charitable Giving Committee. "That is why the Foundation has set aside funding to support research and projects to improve the diagnostic journey."

"Coverys has a wealth of data that we have utilized to outline the challenge. Through the Request for Proposals, the Foundation hopes to inspire research projects that will demonstrate new approaches that have the greatest potential to produce replicable processes for achieving prompt and accurate diagnoses," said Robert Hanscom, Coverys Vice President of Business Analytics.

Preferred proposals include the application of research, process changes, and education directly transferable to the clinical setting. Grant-funded initiatives are open to any clinical discipline.

Total funding of up to $3 million for this initiative is available through the Foundation with each approved submission capped at $300,000. The deadline for submissions is July 30, 2018. Grants will be announced by November 1, 2018.

To review the Request for Proposals, visit http://www.coverys.com.

About Coverys
Coverys is a leading provider of medical professional liability ins urance for medical practitioners and health systems. Coverys provides a full range of healthcare liability insurance options, advanced risk analytics, and best-in-class risk mitigation and education resources to help clients anticipate, identify, and manage risk to reduce errors and improve outcomes.

About Coverys Community Healthcare Foundation, Inc.
The Coverys Community Healthcare Foundation, Inc. provides grant funding and donations to organizations and innovative programs that improve patient care and safety, promote healthy lifestyles, support individuals and organizations providing healthcare services, and those in which Coverys employees and board members are involved. The development of the Foundation exemplifies Coverys' dedication to being an affirmative and active corporate citizen in the healthcare community and the communities in which it operates.

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