ABOUT HSIFM
History
The Hospitals Self-Insurance Fund of Missouri (HSIFM) was first established in 1991. At the time there was a workers’ compensation crisis occurring all over the country. Rates were dramatically increasing and there seemed to be few alternatives for healthcare organizations.
A group of Missouri hospitals saw an opportunity to better manage risk and claims in a manner that would cost effectively and proactively address this key risk. The same core group of hospitals are still together self-funding this important employee safety risk as a group.
HSIFM has always been cutting edge in developing and adopting risk and claims management strategies. HSIFM has repeatedly purchased patient transfer equipment, provided innovate communication tools to impact a culture of safety, and developed risk and claims management strategies that have been proven to reduce risk and claims.
Proactively Impacting Risk
Healthcare employees often face more challenging physical risks than most manufacturing or construction jobs. Lifting and transferring patients is a huge challenge. In addition, obesity, combative patients, substance abuse and non-compliant patients make the job even harder. Let the Hospitals Self Insurance Fund of Missouri (HSIFM) be your long-term partner and advocate in focusing on workers’ compensation risk, so you can focus on quality care.
Advantages
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Greater Control of Claims Process
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Access to Superior Risk Management Services
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Collaborating with your peers to control costs
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A Long-Term Workers’ Compensation Solution
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Did we mention Dividends
HSIFM has paid millions of dollars in dividends to members and invested in patient transfer equipment and member risk management.