National Patient Safety Foundation® and AIG Healthcare Join Forces To Address Patient Safety
Wednesday, January 5, 2005
Jan 05, 2005 --- (McLean, VA)-T(McLean, VA)-The National Patient Safety Foundation (NPSF) today announced that AIG Healthcare, a division of the property-casualty insurance subsidiaries of American International Group, Inc. (AIG), has joined its Stand Up for Patient Safety® initiative. With a 99% retention rate among its nearly 200 member hospitals and health systems, the Stand Up for Patient Safety initiative is a national, hospital-based program that is rich with educational tools and collaborative opportunities designed to move patient safety and risk management initiatives forward.
Through this collaboration, AIG Healthcare will support its client hospitals’ participation in the Stand Up for Patient Safety program by applying a risk management credit to applicable premiums*. Both NPSF and AIG Healthcare are confident that the Stand Up for Patient Safety Program will have a positive effect on member hospitals’ patient safety and risk management efforts.
“The NPSF is delighted with this important new relationship, which draws upon both NPSF’s and AIG Healthcare’s shared passion for improving patient safety,” said Timothy Flaherty, MD, NPSF Board Chair. “The NPSF applauds AIG Healthcare’s commitment to making real progress on an issue that impact hundreds of thousands of Americans each year,” said Diane C. Pinakiewicz, NPSF Executive Director. “The ultimate winners will be patients and their families.”
“AIG Healthcare is committed to programs that provide solutions and best practices to minimize errors and reduce risk. The goal is to create a ‘win-win-win’ for our client institutions, their healthcare professionals and patients nationwide,” said Richard H. Bucilla, Division Executive, AIG Healthcare.
The National Patient Safety Foundation (NPSF) is a nonprofit organization dedicated to improving patient safety and reducing medical errors by funding research and raising awareness with hospitals, healthcare systems, doctors, and nurses and the patients and families they serve. Having worked to make patient safety a national priority, the NPSF is working with the healthcare industry to find affordable ways through research and education to reduce medical errors and to improve the quality of the nation’s healthcare. The NPSF was founded in 1996 and incorporated in 1997 by the American Medical Association, CNA HealthPro, and 3M, with significant support from the Schering-Plough Corporation. For more information, visit www.npsf.org.
AIG Healthcare is a division of the property-casualty insurance subsidiaries of American International Group, Inc. (AIG). AIG is the world’s leading international insurance and financial services organization, with operations in approximately 130 countries and jurisdictions. AIG member companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In the United States, AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer. AIG’s global businesses also include retirement services, financial services and asset management. AIG’s financial services businesses include aircraft leasing, financial products, trading and market making. AIG’s growing global consumer finance business is led in the United States by American General Finance. AIG also has one of the largest U.S. retirement services businesses through AIG SunAmerica and AIG VALIC, and is a leader in asset management for the individual and institutional markets, with specialized investment management capabilities in equities, fixed income, alternative investments and real estate. AIG’s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in London, Paris, Switzerland and Tokyo.
*Insurance is underwritten by member companies of American International Group, Inc., and is subject to underwriting review and approval. Coverage may not be available in all states. Noninsurance products may be provided through independent third parties.